Which of the following is a category of goods in secured transactions that often accounts for items attached to real property?

• A. Inventory
• B. Equipment
• C. Farm machines
• D. Fixtures

Answer: (D)

When thinking about secured transactions, a key distinction is how goods are classified for perfection and priority. Items that have become physically attached to real property are treated as fixtures, because their connection to the real property makes them effectively part of it. That’s why these items are described as fixtures rather than as ordinary personal-property categories like inventory, equipment, or farm products. Perfection for a security interest in fixtures is typically done by filing in the real-property records (a fixture filing), reflecting their real-property nature. So items attached to real property are classified as fixtures.