with Correct Answers 100% Pass
Property rights that go with ownership of real property are referred to as the -
✔✔bundle of rights
Surface of the earth, below to the center, and above with all natural things, is - ✔✔land
Personal property is conveyed with a document called a - ✔✔bill of sale
Naturally growing plants are considered - ✔✔real property
Emblements are considered - ✔✔personal property
An item which was once personal property but is now real property is a - ✔✔fixture
Ownership of trade fixtures depend on - ✔✔when it is removed/expiration of the lease
Cost - ✔✔is not a factor in determining if an item is a fixture.
situs - ✔✔people's preference for a certain area is called
deed - ✔✔the document used to transfer real property
What are the five tests of a fixture? - ✔✔MARIA
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