Real Property Can Not Be Turned into Personal Property by Any

question 41

True/False

Real property can not be turned into personal property by any method.​

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Definitions:

Sublease

An agreement where the original tenant of a lease rents out their space to another party (the subtenant) for a period within the lease term.

Fixtures

refer to objects that were originally personal property but became attached to and part of real property in a way that they cannot be removed without damage.

Lease Term

The duration for which a lease agreement is effective, specifying the start and end date, as well as conditions for renewal or termination.

Trade Fixtures

Personal property that a tenant attaches to leased land or buildings for business purposes, which may be removed at the end of the lease.