Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Which of the following best describes a fixture in real estate?

  1. An item of personal property that is permanently attached to real property.

  2. An item of personal property that is included in the sale price.

  3. A movable item that remains with the seller upon sale.

  4. A home appliance that can be easily removed.

  5. A decorative piece that is not part of the structure.

  6. An outdoor item located within property boundaries.

The correct answer is: An item of personal property that is permanently attached to real property.

A fixture in real estate is an item of personal property that is permanently attached to real property. This distinction is crucial in real estate transactions as fixtures are typically included in the sale price of the property. It is important to note that fixtures are considered part of the real estate and are not movable items that can be taken by the seller upon sale. Therefore, option A correctly describes a fixture in real estate.