EstatePass
Business & FinanceRegulationshard15% of exam part

For an item to be treated as a fixture under Chapter 212, must the item’s owner also own the real property?

Correct Answer

D) No; the statute says it is not necessary that the owner of the item also own the real property

Section 212.06(14) addresses the point directly: "to be considered a fixture, it is not necessary that the owner of the item also own the real property to which it is attached." That is what lets a tenant improvement be treated as an improvement to real property even though the landlord owns the building.

Answer Options
A
No, but only where the item cannot be removed without material damage to the realty
B
Yes, unless the item is installed under a written lease running for more than five years’ duration
C
Yes; common ownership of the item and the realty is what makes an item a fixture
D
No; the statute says it is not necessary that the owner of the item also own the real property

Why This Is the Correct Answer

Section 212.06(14) addresses the point directly: "to be considered a fixture, it is not necessary that the owner of the item also own the real property to which it is attached." That is what lets a tenant improvement be treated as an improvement to real property even though the landlord owns the building.

Was this explanation helpful?

More Business & Finance Questions

People Also Study

Related Study Resources

Practice More Contractor Exam Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your contractor license exam.

Start Practicing

Disclaimer: EstatePass is an independent exam preparation platform and is not affiliated with, endorsed by, or connected to any state contractor licensing board, the Construction Industry Licensing Board (CILB), the Department of Business and Professional Regulation (DBPR), NASCLA, Pearson VUE, PSI, or any government agency. Exam requirements, fees, and regulations change frequently. Always verify current requirements with your state's licensing board before making decisions. Information shown was last verified on the dates indicated and may not reflect the most recent changes.