Personal Property So Firmly Attached to Real Property That an Interest

question 45

Multiple Choice

Personal property so firmly attached to real property that an interest in it arises under real property law is known as a(n) :

• A) fixture.
• B) tangible property.
• C) intangible property.
• D) allonge.

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Definitions:

Agency Coupled

A legal arrangement where an agent has an irrevocable authority primarily for the agent's benefit, based on an interest in the subject matter of the agency.

Liable

Legally responsible or obligated to provide compensation for harm, loss, or damage caused.

Irrevocable

Unable to be changed, reversed, or recovered; final.

Competing

Engaging in a rivalry or competition with others in an attempt to achieve a specific goal, often referring to businesses vying in the same market or industry.