Property OwnershipIntermediateAlabama Exam
Personal property that becomes permanently attached to real property is called:
AChattel
BA fixtureCorrect
CAn improvement
DAn appurtenance
Why A fixture Is Correct
Answer B: A fixture
When personal property is permanently attached to real property with the intent to make it a permanent part of the real estate, it becomes a fixture and is classified as real property.
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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