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6 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Real Property |
Immovable |
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Personal Property |
Anything that is NOT real property. It is movable. |
Trust deeds, Mortgages are personal property or jewlery |
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Chattel real |
A lease and is personal property. |
Like a car |
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Crops |
May be REAL PROPERTY or PERSONAL PROPERTY |
An apple tree has apples that you can cut, mortgage or sell |
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Fixture |
An item of PERSONAL PROPERTY that is perminatelty attached to REAL PROPERTY. |
Something incorporated into the land |
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What are the 5 attributes of a FIXTURE? |
Method of attachment, Adaptability of the item, Relationship of the parties, Intent of the parties, Agreement between parties. |
M.A.R.I.A |
