Oregon 30-Hour Real Estate Law Practice Test

What is a key characteristic of an item classified as real property or a fixture?

1. Costly to maintain

2. Permanently affixed to the property

3. Insured against damage

4. Appreciates over time

The correct answer is: Permanently affixed to the property

An item is classified as real property or a fixture primarily because it is permanently affixed to the property. This means that the item is attached in such a way that removing it would cause damage to the property or would require a significant effort to detach. Fixtures are typically items that were once personal property but have been installed or integrated into the property in such a manner that they are now considered part of it. Examples include built-in cabinets, lighting fixtures, and plumbing systems. While cost, insurance, and appreciation could be relevant in specific contexts or discussions about property value, they do not define what constitutes real property or a fixture. The key characteristic lies in the permanence of the attachment and the intended use of the item within the property, distinguishing it from items that may be temporarily or easily removable.