What are "appurtenances" in property ownership?

Prepare for the PSI Property Ownership Exam with flashcards and multiple choice questions. Each question comes with hints and explanations to optimize your study time. Get exam-ready today!

Appurtenances in property ownership refer to rights that run with the land, which means that these rights are inherently linked to the property itself and transfer with the ownership of the land. These may include various entitlements such as easements, water rights, or rights to access that enhance the utility or value of the property.

Understanding appurtenances is essential for property owners because it delineates what is permanently associated with the property they own. For instance, if a property has an easement allowing access to a neighboring lot, this right is considered an appurtenance and would remain with the property even if it changes hands.

The other choices do not accurately reflect the definition of appurtenances; financial fixtures, personal items, and structures added by tenants do not embody the concept of inherent rights tied to land ownership. Instead, appurtenances ensure that certain privileges and entitlements remain with the property throughout successive ownership, highlighting the significance of these rights in real estate transactions.

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