Property Ownership
In South Carolina, a 'fixture' is best described as:
AA portable appliance that can be removed
BPersonal property that has become permanently attached to real property✓ Correct
CAny item the seller wishes to keep
DOutdoor furniture and decorative items
Explanation
A fixture is personal property that has been permanently attached to real property in a manner indicating it was intended to remain. Fixtures transfer with the real estate unless excluded in the contract.
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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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