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

24
Under riparian rights, an owner of land adjoining a navigable body of flowing water owns land to the
High water mark
25
Under the riparian rights, an owner of land adjoining an unnavigable body of water owns land to the
Middle of the waterway
26
An item of chattel is
Personal property only
27
An item of personal property which is movable and not associated with real property is called
Chattel personal
28
Boats and tools are examples of
Chattel personal
29
An item of personal property that is not movable or is associated with real property is called
Chattel real
30
Leases and options are examples of
Chattel real
31
A chattel real may be
Tangible or intangible property interest