Which of the following is an example of personal property rather than a fixture?
Correct Answer
C) A freestanding refrigerator
Personal property is not permanently attached to the real estate and can be removed without damage to the property. A freestanding refrigerator remains personal property because it is not affixed to the structure. Built-in appliances, central HVAC systems, and hardwired ceiling fans are generally considered fixtures and convey with the real estate.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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