Final answer:
The correct answer is option C. the gas stove is considered a fixture.
Step-by-step explanation:
When deciding how to classify the gas stove that Albert recently purchased and installed in his home, the most appropriate designation would be that the stove is considered a fixture. A fixture is personal property that has been attached to real estate in such a way that it becomes part of the real estate. This includes items that are installed or attached to the property where removal would cause damage to the property, such as a gas stove that has been connected to the gas lines of a home.
Option A, trade fixture, generally refers to property that a tenant has attached to a leased property for the purposes of conducting business, and it does not apply here since Albert installed the stove in his personal residence. Option B, non-annexed item, is not a standard term in real estate and does not apply to this context. Finally, option D, chattel, refers to movable personal property which, unlike a gas stove post-installation, has not been attached to the property in any significant way.