Which of the following would most likely be classified as personal property rather than a fixture?
Correct Answer
C) A freestanding refrigerator plugged into a standard outlet
Personal property (chattel) is not permanently attached to the real estate and can be removed without damage. A freestanding refrigerator simply plugged into an outlet is not affixed to the structure and remains personal property. Built-in appliances, wired ceiling fans, and installed furnaces are generally considered fixtures because they are attached and intended to remain with the property.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
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.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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