Introduction to Property Classifications and Fixtures

Introduction to Property Classifications and Fixtures

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Business, Social Studies

University

Hard

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The video tutorial explains the different classifications of property, focusing on real property, which includes land, and personal property, which encompasses everything else. Personal property can be tangible or intangible. The concept of fixtures is introduced, where personal property becomes part of real property when it is permanently attached to land.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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