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What is a Fixture?

  1. Acquiring land by non-removal prior to termination of lease

  2. Personal Property attached in such a way to make it real property.

  3. Trade Fixtures

  4. Severed Real Property

The correct answer is: Personal Property attached in such a way to make it real property.

A fixture is defined as personal property that has been attached to real property in such a way that it becomes an integral part of the real estate. This transformation occurs when the personal property is affixed or installed to the land or a building, indicating a permanent or semi-permanent connection. This attachment usually indicates that the item is intended to be used in conjunction with the real property, thus changing its classification from personal property to real property. The other options describe different concepts related to property but do not accurately define a fixture. For instance, acquiring land through non-removal prior to lease termination does not pertain directly to the nature of fixtures. Trade fixtures refer specifically to items installed by a business in a leased space that remain the property of the tenant, while severed real property denotes land or property that has been separated from its original context, which also does not encompass the broader definition of a fixture. Thus, the correct answer captures the essence of what constitutes a fixture in real estate law.