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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture?
If all the aforementioned factors still make the determination of whether the fence is a fixture or not, then we can look at the relative cost of the fence with the value of the warehouse and land. [ The higher the cost the more likely the fence is permanent in nature and intended to be a fixture. Even the height of the fence can play a role here. The higher more massive the fence is the more
likely that the fence will be considered a fixture. This determination of whether it is a fixture or not is critical to determine if property is to be partitioned between Eve and Frank. Read more: Eve and Frank own twenty acres of land on which there is a - JustAnswer ]
Expert answered|Alinail|Points 50|
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Asked 9/28/2012 10:54:52 AM
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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture
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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture?
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