Personal Property 2 Flashcards
An item of personal property that is permanently attached to real property is usually considered
A fixture
A fixture is considered
Real property
An item of personal property that is not permanently attached to real property is usually considered
Personal property
An item if personal property that is adapted to a particular parcel of real property is usually considered
A fixture
An unattached item if personal property that is not adapted to a particular parcel of real property is usually considered
Personal property
An item of personal property can become a fixture if it is designated by
The buyer and seller
What is the Triple A reminder to determine if personal property becomes a fixture of real property?
Attachment
Adaption
Agreement
A trade fixture is considered
Personal property
A trade fixture may be removed from lease deal property
Before the lease expires only
Determining whether property is a fixture or personal property is important
Whenever a property value is determined
Trees and uncultivated vegetation are
Fructus naturales
Fructus naturales are considered
Real property
Landscaping for a house is considered
Fructus naturales
Plants cultivated annually are called
Fructus industrials
Fructus industriales are considered
Personal property