Leases (UCC Article 2A) 

North Carolina General Statutes > Chapter 25 > Article 2A > § 25-2A-217 - Identification

Identification of goods as goods to which a lease contract refers may be made at any time and in any manner explicitly agreed to by the parties. In the absence of explicit agreement, identification occurs:

(a) when the lease contract is made if the lease contract is for a lease of goods that are existing and identified;

(b) when the goods are shipped, marked, or otherwise designated by the lessor as goods to which the lease contract refers, if the lease contract is for a lease of goods that are not existing and identified; or

(c) when the young are conceived, if the lease contract is for a lease of unborn young of animals.

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Questions & Answers: Leases (UCC Article 2A)

Under NC commercial leases,does the lease become revolving if landlord does not provide new lease?...

land is leased for a racetrack, tenant constructs a scoreing tower which is a small 2 story building, tenant is leaving and wants to remove tower. Is this a fixture ? ...

Gary, Any building would be considered a fixture. A tenant can in most cases remove a fixture they installed, as long as the land is restored to its original condition. Take a look...

if someone has a fence put in and cements the poles into the ground are they considered a fixture not to be removed?...

See also:

North Carolina General Statutes Chapter 25 > Article 2A - Leases

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