North Carolina Real Estate Broker Exam — All Questions

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1 questions

Real Property

A homeowner installs custom bookshelves that are bolted into wall studs and built to fit a specific alcove. In a sale, how are these most likely treated?

  • a.Personal property the seller always removes
  • b.Fixtures that transfer with the real property unless excluded in writing
  • c.Trade fixtures the seller may remove regardless of the contract
  • d.Emblements that pass to the buyer at closing

Items permanently attached and adapted to the property are fixtures and pass with the real estate unless the contract specifically excludes them. Personal property would move with the seller, but bolting into studs and custom fitting show intent for the items to become part of the realty. Trade fixtures apply to a commercial tenant's business equipment, and emblements refer to annual crops, neither of which fits a homeowner's bookshelves.

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