Personal Property 2 Flashcards

0
Q

An item of personal property that is permanently attached to real property is usually considered

A

A fixture

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1
Q

A fixture is considered

A

Real property

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2
Q

An item of personal property that is not permanently attached to real property is usually considered

A

Personal property

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3
Q

An item if personal property that is adapted to a particular parcel of real property is usually considered

A

A fixture

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4
Q

An unattached item if personal property that is not adapted to a particular parcel of real property is usually considered

A

Personal property

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5
Q

An item of personal property can become a fixture if it is designated by

A

The buyer and seller

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6
Q

What is the Triple A reminder to determine if personal property becomes a fixture of real property?

A

Attachment
Adaption
Agreement

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7
Q

A trade fixture is considered

A

Personal property

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8
Q

A trade fixture may be removed from lease deal property

A

Before the lease expires only

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9
Q

Determining whether property is a fixture or personal property is important

A

Whenever a property value is determined

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10
Q

Trees and uncultivated vegetation are

A

Fructus naturales

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11
Q

Fructus naturales are considered

A

Real property

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12
Q

Landscaping for a house is considered

A

Fructus naturales

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13
Q

Plants cultivated annually are called

A

Fructus industrials

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14
Q

Fructus industriales are considered

A

Personal property

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15
Q

Emblements are considered to be

A

Fructus industriales

16
Q

Emblements are considered

A

Personal property

17
Q

Crops such as corn and wheat are examples of

A

Emblements or fructus industriales

18
Q

A right, privilege , or improvement associated with land is called

A

An appurtenance

19
Q

An assigned parking space for a condominium unit is called an

A

Appurtenance

20
Q

An appurtenance

A

Runs with the land

21
Q

Rights associated with ownership of land adjoining a flowing body of water are called

A

Riparian rights

22
Q

Rights associated with ownership of land adjoining a stationary body of water are called

A

Littoral rights

23
Q

Riparian rights are

A

Limited

24
Q

Under riparian rights, an owner of land adjoining a navigable body of flowing water owns land to the

A

High water mark

25
Q

Under the riparian rights, an owner of land adjoining an unnavigable body of water owns land to the

A

Middle of the waterway

26
Q

An item of chattel is

A

Personal property only

27
Q

An item of personal property which is movable and not associated with real property is called

A

Chattel personal

28
Q

Boats and tools are examples of

A

Chattel personal

29
Q

An item of personal property that is not movable or is associated with real property is called

A

Chattel real

30
Q

Leases and options are examples of

A

Chattel real

31
Q

A chattel real may be

A

Tangible or intangible property interest