Property OwnershipFixturesMEDIUM
Which of the following is NOT a factor used to determine whether an item is a fixture?
Correct Answer
C) Purchase price of the item
The three primary tests for determining whether an item is a fixture are: (1) method of Attachment, (2) Adaptation to the property, and (3) Intent of the installer (remembered as AIR or MAI). The purchase price of an item is irrelevant to whether it is classified as a fixture or personal property.
Answer Options
A
Method of attachment to the propertyB
Adaptation or use of the item for the propertyC
Purchase price of the itemD
Intent of the party who installed the itemWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Property Ownership Question
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Background Knowledge for Property Ownership
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Real World Application in Property Ownership
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Common Mistakes to Avoid on Property Ownership Questions
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Related Topics & Key Terms
Related Topics:
trade fixturespersonal property vs. real propertypurchase and sale agreementsbill of salechattel
Key Terms:
fixtureMAI testpersonal propertyattachmentintentadaptation
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