David Saks: June 2011

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 1162

                                                    #1162

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 • June 06 2011 01:21AM
Real Estate Practice : Lesson 1162
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