Fixtures and Appurtenances
To determine whether property is real property (a fixture) or personal property, the courts have developed the five following tests:
(Remember the first initials of the previous five words, which spell the acronym MARIA, to help you remember how to determine whether an object is personal or real property.)
Annual crops such as wheat, corn, and vegetables are known as emblements or fructus industriales, AND are considered personal property. As long as the annual crop is growing it will be transferred as part of the real estate, unless a special provision is included in the sale contract.
Perennial trees, perennial bushes, and grasses that do not require annual cultivation are known as fructus naturales and are considered real property. If a tree is cut down and sold as firewood, the firewood becomes personal property.
No. | Subject | Author | Date | Views |
---|---|---|---|---|
62 | Chapter 8 Quiz | admin | 2019.03.04 | 329 |
61 | Chapter 8 Conclusion | admin | 2019.03.04 | 17118 |
60 | DEED | admin | 2019.03.04 | 151 |
59 | warranty deed 여섯 가지의 covenant | admin | 2019.03.04 | 238 |
58 | Chapter 7 (TEST) | admin | 2019.03.04 | 41006 |
57 | Chapter 6 Quiz | admin | 2019.03.04 | 29932 |
56 | 부동산 용어 (A to Z) | admin | 2019.03.03 | 22363 |
55 | TEST 5 - Correction | admin | 2019.03.02 | 416 |
54 | Chapter 5 Conclusion | admin | 2019.03.02 | 34871 |
53 | Condominium Ownership and Time Shares | admin | 2019.03.02 | 192 |
52 | Apartment Ownership - Cooperatives | admin | 2019.03.02 | 166 |
51 | Water Information and Air Rights | admin | 2019.03.02 | 29044 |
50 | Water Information and Air Rights | admin | 2019.03.02 | 39051 |
49 | Water Rights | admin | 2019.03.02 | 231 |
48 | Eminent Domain and Condemnation | admin | 2019.03.02 | 167 |
47 | Environmental Regulation | admin | 2019.03.02 | 191 |
46 | Zoning Laws and Building Codes | admin | 2019.03.02 | 189 |
45 | Trade Fixtures | admin | 2019.03.02 | 190 |
» | Fixtures and Appurtenances | admin | 2019.03.02 | 1604 |
43 | Personal vs. Real Property | admin | 2019.03.02 | 189 |