Fixture
Personal property so attached to real property that it becomes part of the realty and passes with the land.
Once personal property becomes a fixture, it conveys with the land in a sale and is covered by a mortgage on the land. Disputes commonly arise between a seller and buyer, a landlord and tenant, or a secured lender and a mortgagee over whether an item (a furnace, built-in appliances, machinery) is realty or remains removable personalty.
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