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What does the term “fixture” refer to in real estate?

  1. A tenant’s personal property

  2. An item that is permanently attached to the property

  3. A temporary structure used during construction

  4. A type of lease agreement

The correct answer is: An item that is permanently attached to the property

In real estate, the term "fixture" specifically refers to an item that is permanently attached to the property, making it a part of the real estate itself. Fixtures are typically items that were once personal property but have been affixed in such a way that they become an integral part of the property. This can include items like light fixtures, plumbing, and built-in appliances. Understanding fixtures is important for various reasons, such as when determining what is included in a property sale, assessing property taxes, or resolving disputes between landlords and tenants regarding what remains with the property when a lease ends. In contrast, the other options represent concepts that do not align with the definition of a fixture. A tenant’s personal property refers to items that belong to the tenant and are not part of the real estate itself. A temporary structure used during construction would not qualify as a fixture since it is not permanently attached and serves a different purpose. Lastly, a type of lease agreement is a legal document related to rental arrangements but does not relate to physical items associated with the property. Therefore, the correct interpretation of "fixture" is essential in real estate transactions and property law.