Property Ownership
When personal property is converted to real property by permanent attachment, this is called:
ACommingling
BConversion
CAnnexation (or affixation)✓ Correct
DAccession
Explanation
Annexation (or affixation) is the process by which personal property becomes a fixture and thus part of the real property through permanent attachment to the land or structure.
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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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