Which statement is true regarding fixtures and chattels?

The statement that fixtures belong to the buyer upon property sale is accurate because fixtures are defined as items that were once chattels but have been permanently affixed to the property, making them a part of the real estate. When a property is sold, all fixtures typically remain with the property since they are considered an integral aspect of the land and buildings.

In real estate transactions, it is essential to distinguish between fixtures and chattels (personal property). Fixtures are often installed for the purpose of enhancing the property and are intended to stay with the property when it is sold. This is why the standard understanding in real estate law is that these items transfer ownership to the buyer during a sale.

In contrast, chattels are movable personal property and do not automatically belong to the buyer when the property is sold unless stated otherwise in the sale agreement. Other distinguishing factors contribute to these definitions, such as how the item was attached to the property and the intent behind its attachment, emphasizing the necessity of clarity in property transactions.