Question
Joe and Mary own a farm called Blackacre. The farm has all varieties of fruits and vegetables, trees and plants, and every barnyard animal known
Joe and Mary own a farm called "Blackacre." The farm has all varieties of fruits and vegetables, trees and plants, and every barnyard animal known to exist. It contains 500 +/- acres of land with Mountains on the East side and a river, Jordan, that borders the property on the West. The Mountains contain all types of precious metals (gold, silver,) and under the surface of Blackacre are gemstones (diamonds, sapphires, emeralds,) and both oil and natural gas.
Using the "Blackacre" Farm, provide three (3) examples of pieces of "Real Property" that can be turned into "Personal Property," and explain that process (i.e., apples attached to the tree are connected to the land and are therefore part of the "Real Property," however, once they fall from the tree or are picked they become "Personal Property." - moveable.)
Then, provide three (3) examples of pieces of "Personal Property," that become affixed to the "Real Property" as fixtures so that they become part of the "Real Property."
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