Nature Of Real Property Flashcards
1
Q
All property that is not real property
A
Personal property
2
Q
Chattel
A
Personal property
3
Q
Personal property affixed to real property that is essential to a business and that is removable by the lessee
A
Trade fixtures
4
Q
Growing crops that are produced annually through labor and industry
A
Fructus industriales or Emblements
5
Q
The act of removing something attached to the land
A
Severances
6
Q
Improvements that are installed by a tenant to replace worn-out ones that were already in place before the start of the lease term
A
Replacement fixtures
7
Q
What is the difference between trade fixture and a real property fixture ?
A
Real property were articles that were once personal property but have been fixed to real estate and made it real property
