The front of a package may say, âmulti-grainâ, â7-grainâ, â100% wheatâ, âbranâ, or âcracked wheatâ, but may not contain any or only small amount of whole grains. These products may have âunbleached enriched wheat flourâ as the first (main) ingredient, which is the same as refined flour.
Subject to the doctrine of accession, personal property can become real property through its transformation into a fixture. A fixture is a movable item that was originally personal property but has become attached to, and associated with, the land and therefore is considered a part of the real property.
DEFINITION of 'Personal Property'. A type of property which, in its most general definition, can include any asset other than real estate. The distinguishing factor between personal property and real estate is that personal property is movable. That is, the asset is not fixed permanently to one location as with real property such as land or buildings.