David Saks: May 2010

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 662

                                                    #662

Articles and items that are installed by tenants on real estate for use in a business are considered to be easments and fructalis.

Is this true or false ?

Take your time on this tough one. The solution is posted below the wildlife photo.

wildlife

A. False

When a tenant installs an item or a fixture for use in a business the fixture is called a trade fixture.

Trade fixtures are also considered the personal property of the tenant.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • May 10 2010 01:10PM
Real Estate Practice : Lesson 662
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#662 Articles and items that are installed by tenants on real estate for use in a business are considered to be easments and fructalis. Is this true or false Take your time on… more
Real Estate Practice : Lesson 661
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#661 When real property is acquired a specific right accompanies it and this right is referred to as a fixture. Is this true or false Take your time on this really tough question… more
Real Estate Practice : Lesson 660
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#660 When we consider the distance between the east and west boundary lines of any township the distance between the boundary lines is six miles. Is this true or false Please… more
Real Estate Practice : Lesson 659
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#659 When we speak of a township, a township contains 36 sections that are numbered 1 through 36. In each instance, the last township will be located in the northeast corner. … more
Real Estate Practice : Lesson 658
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#658 The most important thing one should consider when trying to determine whether or not an iten is a fixture of personal property is how the item is being used in relation to the property. &… more
Real Estate Practice : Lesson 657
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#657 Nearly every real estate brokerage has an obligation to pay for a salesperson's cell phone bill, continuing education and gasoline. Is this true or false Take your time on… more
Real Estate Practice : Lesson 656
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#656 When a salesperson has to pay a desk fee the desk fee is used to pay for meals and never used to pay for the office facilities or as a substitute for the agent's commission. … more
Real Estate Practice : Lesson 655
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#655 When a real estate agent considers himself an employee or an independent contractor the consideration will have an impact on whether or not the broker will have to pay social security… more
Real Estate Practice : Lesson 654
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#654 If a salesperson works for any brokerage as an independant contactor the salesperson must be paid a regular salary by the brokerage, and needs no supervision by the principal broker. &… more
Real Estate Practice : Lesson 653
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#653 It is extremely important that all real estate agents understand the concepts of contract law, agency, and property laws. Is this true or false or is this something which only… more