Which of the following items could be classified as personal property?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

Personal property refers to movable items that are not permanently attached to a structure or land. These items can be taken with the owner when they move, as they are not considered a part of the real estate.

A piece of art on the wall fits this definition perfectly. It is not a permanent fixture; it can easily be removed and relocated without damaging the property. Art items, such as paintings, sculptures, or decorative pieces, are typically considered personal property because they can be owned, sold, or transferred independently of the real estate.

In contrast, items like a built-in bookcase, a fixed garage door, or a built-in dishwasher are considered fixtures. These are usually permanently attached to the home and are classified as real property because they are integral parts of the property's structure and are typically left behind when the property is sold. Thus, the correct identification of art as personal property highlights the distinction between movable items and fixtures associated with real estate.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy