legal test for determining whether an item is which of the

Trade Fixture (Ownership) Flashcards Fructus NaturalesAll of the following are treated as personal property except Trade fixturePersonal property and is defined as the property of the commercial tenant that is installed and is necessary for their trade of business. Cooler to florist PersonalityAccording to law, a trade fixture is usually treated as Personal propertyA bill of sale maybe used to transfer the ownership of A fixture or personal propertyThe intent of the parties, method of annexation, adaption to real estate, and agreement between the parties are the legal test for determining whether an item is which of the following Navigable Rivers running through the land All of the following are subject to real property ownership rights except Trade fixtureIs personal property and can be removed by the tenant anytime before the end of the lease term Determining if it is a fixtureMethod of annexation (how is it affixed to the property..nails, bolts, concrete, glue)Adaptability (does it belong there? Or placed for the occupant's pleasure..furnace, ceiling fan)Relationship to the parties (buyer/seller? Tenant/landlord?)Intent of parties (did we intend for it to remain there permanently?)Agreement (what was the agreement in the sales contract or lease?) Size of the itemsWhich of the following is not a test to identify a fixture Annual cropsWhich is not considered real property