Property Ownership

A fixture is personal property that has become real property because it has been:

AAppraised with the building
BPermanently attached to or installed in the real estate✓ Correct
COwned by the same person for more than one year
DInsured under the homeowner's policy

Explanation

A fixture is an item of personal property that has been permanently attached to real estate in such a way that it is now considered part of the real property and transfers with the deed.

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