Multiple Choice
A severance:
A) occurs when personal property is transformed into real property.
B) occurs when real property is transformed into personal property.
C) occurs when a tenant fails to remove his trade fixtures before the expiration of the lease.
D) occurs when personal property is annexed to real property.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Another word for real property is chattel.
Q3: If a contract of sale calls for
Q4: Real property can include not only the
Q5: The law governing commercial transactions is uniform
Q6: As a general rule fixtures pass to
Q7: The following items would probably meet the
Q8: Both fructus naturales and fructus industriales, when
Q9: An article considered to be a tenant's
Q10: A fixture is transferred by an instrument
Q11: An example of intangible personal property is