An item of personal property may be attached to or used in conjunction with real property in such a way that it ceases being personal property and instead becomes part of the real property. This type of property is called a debenture.

Question

Quizplus · Accepted Answer

The statement is incorrect. A debenture is actually a type of debt security that is issued by a company and backed by its creditworthiness rather than collateral. It is not a type of property that can be attached to or used in conjunction with real property.

An Item of Personal Property May Be Attached to or Used