Fixture
Types, Requirements, Agreement Of The Parties, Time Of Removal
An article in the nature of PERSONAL PROPERTY which has been so annexed to the realty that it is regarded as a part of the real property. That which is fixed or attached to something permanently as an appendage and is not removable.
A thing is deemed to be affixed to real property when it is attached to it by roots, imbedded in it, permanently resting upon it, or permanently attached to what is thus permanent, as by means of cement, plaster, nails, bolts, or screws.
Goods are fixtures when they become so related to particular real estate that an interest in
them arises under real estate law, e.g. a furnace affixed to a house or other building, counters permanently affixed to the floor of a store, or a sprinkler system installed in a building.
Fixtures possess the attributes of both real and personal property.
Additional topics
- Fixture - Types
- Fixture - Requirements
- Fixture - Agreement Of The Parties
- Fixture - Time Of Removal
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