PSI New Jersey Real Estate State Practice Exam

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Study for the New Jersey Real Estate State Exam. Engage with flashcards and multiple choice questions, each equipped with hints and explanations. Prepare thoroughly for your certification!

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 is necessary for a property to qualify as a fixture?

Must be of a certain value
Must be attached to the structure
Must be over a year old
Must serve a decorative purpose

The correct answer is: Must be attached to the structure

For a property to qualify as a fixture, it is essential that it must be attached to the structure. This characteristic of being affixed or permanently attached distinguishes fixtures from personal property, which can be removed without causing damage to the property. When assessing whether an item is a fixture, its attachment to the land or building plays a crucial role. Generally, the more permanently and securely an item is affixed, the more likely it is considered a fixture. The other options do not capture this fundamental requirement: the value of an item does not determine its status as a fixture, nor does the age of the item or whether it serves a decorative purpose. These factors may influence a property's aesthetics or appeal but do not inherently define whether an item qualifies as a fixture within real estate context.