Which of the following statements is true about fixtures?
A) Freestanding appliances are considered to be fixtures.
B) An item that is not permanently affixed to the land cannot be considered as a fixture.
C) If a tenant attaches an item permanently to the realty, it is no longer the personal property of the tenant.
D) When a trade fixture is attached to the realty, it is no longer the personal property of the business tenant.

Question

Quizplus · Accepted Answer

Fixtures are items that are attached permanently to the real property and are considered part of the real property, not personal property. Freestanding appliances are not considered fixtures because they are not permanently affixed to the land. An item that is not permanently affixed to the land cannot be considered as a fixture. However, if a tenant attaches an item permanently to the realty, it becomes part of the real property and is no longer the personal property of the tenant. Trade fixtures are items that are attached to the realty by a business tenant for the purpose of conducting business, and they are considered personal property of the tenant. However, when the lease ends, the trade fixture must be removed by the tenant, or it becomes part of the real property and is no longer personal property.

Which of the Following Statements Is True About Fixtures