What is a Fixture?  It’s the age old debate between both vendors and purchasers and lessors and leasee – What is a Fixture? Historically a fixture is thought to be “a chattel so attached to the land that it becomes part of it” and conversely a chattel is said to be “movable, tangible articles of property”. The debate is now further complicated when considering if an “attachment” or “asset” is a fixture under the Personal Property Security Act (PPSA). Recently the in Supreme Court, discussion arose as to whether a set … Continue reading FIXTURE v CHATTEL – A QUICK FIX OF KNOWLEDGE