A Fixture Will Not Be Considered as a Part of the Realty

question 29

Multiple Choice

A fixture will not be considered as a part of the realty when .

• A) the fixture is permanently attached to the realty
• B) the parties value the fixture to be worth less than $500
• C) the fixture is affixed in conjunction with the lease of a property for a business
• D) the parties have agreed in writing to treat that fixture as personal property

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Definitions:

Interpolation

To predict corresponding variables within the domain.

Extrapolation

To predict corresponding variables outside of the domain.

Regression Line

In statistics, a line that best fits a set of data points, reflecting the relationship between an independent variable and a dependent variable.

Correlation

An association between two variables.