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Accession

Accession. 

Properties may have additions as a result of annexing fixtures or alluvial deposits.  This would be considered accession.

For instance, the lease for an office space has expired and upon vacation of the office space, desks and bookshelves are left behind.  The desks and bookshelves become part of the property by accession.

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  • REITs

  • Rental Property Management

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