True or False
A fixture is real property that was personal property and is normally included and conveyed when real property is conveyed by deed, lease, etc
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- can you convey a fixture by a lease ??
- May 16, 2018 at 3:53pm
- no. The only available leasing is one that is on trade fixtures. this takes place if the building or property to begin with is leased. Many scenario it is for business purposes.
- May 16, 2018 at 3:58pm
- so the answer should be False?
- May 16, 2018 at 3:59pm
- no.. should be true. Leasing happens. the issue here is that the question is not specific on the type of leasing. Leasing is possible in scenario of trade fixtures
- May 16, 2018 at 4:03pm