Which of the following is classified as personal property?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

The classification of trade fixtures as personal property is accurate because trade fixtures are items placed in a rented space for business purposes that are typically installed by a tenant. While they are attached to the property, their primary purpose is to facilitate the tenant's business operations. Trade fixtures can be removed by the tenant at the end of the lease, distinguishing them from real property, which is permanently attached and typically remains with the property when it is sold.

In contrast, appurtenances refer to rights or privileges that come with the ownership of property, which are considered part of the real estate. Fixtures are items that were once personal property but have been permanently affixed to the real estate, thereby becoming part of the real property. Shrubbery, while it might appear as if it could be personal property, is typically considered a part of the real estate as it is permanently planted in the ground and contributes to the overall landscape of the property.

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