====== Fixture ======

A **fixture** is an item of **personal property** that has become **real property** by being **permanently attached** to land or a building.

===== Key Characteristics =====
  * Originally **personal property**
  * Becomes **real property** when attached
  * Transfers with the property unless excluded
  * Commonly tested using the **MARIA test**

===== MARIA Test =====
  * **M**ethod of attachment  
  * **A**daptability to the property  
  * **R**elationship of the parties  
  * **I**ntention of the parties  
  * **A**greement of the parties  

(Intention is the most important factor.)

===== Trade Fixtures =====
  * Fixtures installed by a tenant for business use
  * Considered **personal property**
  * Tenant may remove them if no damage is caused

===== Fixtures vs Personal Property =====
  * **Fixture**
    * Permanently attached
    * Transfers with real property

  * **Personal Property**
    * Movable
    * Does not transfer unless included

===== Exam Tip =====
  * When in doubt, **fixtures transfer**
  * Always check the **purchase agreement**