Roger Owned a Piece of Land

question 43

Essay

Roger owned a piece of land.He moved a mobile home onto this land.The home was set on a concrete slab.The wheels and axles were removed from it,and it was tied down to the slab with wires.The home was hooked up to the city sewer and power lines.The value of the mobile home was about $10,000 and the value of the land was about $5,000.Later,Roger sold the land to Joy for $15,000.Roger now claims that the mobile home is personal property that does not go with the land.Joy claims that the mobile home is now a fixture.The mobile home could be removed from the land,but it would cause significant damage to the home.Describe the factors in general that are used to determine when personal property becomes a fixture to realty and apply those factors to determine whether the mobile home is a fixture in this case.

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Definitions:

Unethical

Not conforming to approved standards of social or professional behavior; acting against moral principles.

Subjective Probabilities

Are personal judgments or beliefs about the likelihood of certain outcomes, often based on individual experience or intuition rather than objective data.

Mathematically

Pertaining to the use, study, or application of mathematics.

Historical Data

Recorded information from past events and activities, used as a reference for analysis, decision making, and forecasting future trends.