What is a fixture in real estate terms?

Prepare for the Leasing Agent License Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your knowledge and confidence. Ace your exam with proper preparation!

A fixture in real estate terms refers to personal property that has been permanently attached to real property, transforming it into real estate. This attachment means that, unlike personal property, fixtures typically become part of the overall property and are not intended to be removed by the owner upon the sale or transfer of the property.

For instance, items such as light fixtures, built-in appliances, and cabinetry are considered fixtures because they are integral components of the property. The concept is essential in real estate transactions because it helps delineate what is included in the sale of a property versus what might remain with the seller. Understanding fixtures is critical for both buyers and sellers to avoid disputes over what is or isn't included in a property sale.

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