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BUSN221- Real Estate Appraisal

Assignment Instructions Assignment #1 Week 3 will require you to determine what a fixture is and how to recognize them in your home.

You will take a walk through your home to identify five fixtures and provide a written description.

Table of Contents

Part I:

Take a walk through your property after studying the rules pertaining to fixtures and identify 5 items in your home that are considered fixtures and 5 items in your home that are considered personal property.

Part II:

Describe how to distinguish between a fixture and personal property, using support from your text and one APUS Library source. Identify any issues that may arise between a renter and landlord or buyer and seller during a real estate transaction (i.e., describe any difficulties you had in differentiating each item in your home).