WRA Chapter 7 Questions with verified solutions | Already Passed

Probate Formal judicial proceedings to prove or confirm the validity of a will, to collect the assets of a decedent's estate, to pay debts and taxes, and to determine the persons to whom the remainder of the estate is to pass. Fixtures An article that was once personal property but has been so affixed to real estate that it has become real property. Lessee Tenant. Personal Property Property that is portable or unattached to the real estate. Bill of Sale A legal document used to transfer ownership of personal property. Predetermination Date Property A classification of property under Wisconsin's marital property law describing property of married people acquired prior to their determination date. Mixed Property A combination of both individual and marital property is treated as marital property.