What happens to the leased property

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Reference no: EM131111315

There are two components to this week's homework.

1. 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? This portion of your assignment should be 1/2-1 page in length.

2. Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted. If Ann dies during the period of the lease, what happens to the leased property? This portion of your assignment should be 1/2-1 page in length.

Reference no: EM131111315

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