Exams
Pricing
Jobs & Salary
Study Guide
Log in
Start Free
Exams
/
Manitoba Real Estate Salesperson Exam
/
Flashcards
Stacked preview deck
Manitoba Real Estate Salesperson Exam Flashcards
Manitoba Real Estate Salesperson Exam
1 / 20 free preview cards - 600 total
Front
Distinguish between real property and personal property.
Click the card to flip it.
Back
Real property is land and anything permanently attached to it (e.g., buildings, fixtures). Personal property (chattels) includes movable items not permanently affixed. The test for a fixture: degree of attachment and intention of permanence. In a sale, only real property transfers unless otherwise specified.
Previous
Next Flashcard