When it becomes permanently affixed to the real estate such as kitchen cabinets, built-in appliances, doors, water heaters, furnaces, etc.
anything afixed to land is real property . personal property is that ,that is moveable such as a fridge or stove since they are pluged into a socket and are movable they are considered personal property .
Not if they are "built-in". Once they are attached to the property they become a "fixture" and become part of the "real estate".
Real property cannot become personal property except in very particular situations. See related question link below.
Stripping a house before moving out is not legal. Anything that is a FIXTURE must be left. Personal property can be taken. States may vary by what they consider a fixture, but anything that is installed is definitely a fixture. Unless your contract specifically states you may, you may not remove anything that has been installed, EVEN IF YOU INSTALLED IT YOURSELF. It became a fixture of the house when you installed it. EX: A washer and dryer is normally simply hooked up, not installed and is therefore generally considered personal property. A dishwasher, cabinets, stove, etc, are fixtures. A microwave that just sits on the counter is personal property. the over the stove microwave is a fixture. If you are not sure, CHECK YOUR STATE LAW. You can be prosecuted for hindering a secured creditor or theft or similar depending on the state.
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property.
Yes, a light bulb is considered a fixture if it is permanently attached to a structure like a ceiling or a wall. Fixtures are typically considered part of the property and are not usually removed when the property is sold or transferred.
Personal Property
Yes, a door knob is considered a fixture because it is attached to a door which is considered a permanent part of a structure. Fixtures are items that are attached to real property and are considered part of the property.
Personal Property is property that is not real property nor property that is attached to the land.
The difference between personal property and real property is that personal property can depreciate faster than improvement made on real property.
No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/