Georgia Real Estate Salesperson Exam — All Questions

An item of personal property that has become permanently attached to real estate, such as a built-in bookcase, is called a:

• a.Chattel
• b.Fixture✓
• c.Trade fixture
• d.Emblement

A fixture is personal property that has been permanently affixed to real estate and is treated as part of the real property. Courts consider the method of attachment, adaptation, and intent to determine fixture status.

Two unmarried business partners take title so that each owns a 60% and 40% share with no right of survivorship. This is:

• a.Joint tenancy
• b.Tenancy by the entirety
• c.Tenancy in common✓
• d.Ownership in severalty

Tenancy in common allows co-owners to hold unequal shares and has no right of survivorship, so each owner's interest passes to their own heirs. Joint tenancy requires equal shares and includes survivorship.