When you purchase a property, it usually includes the land and everything attached to it, such as buildings, trees, shrubs, etc. Most buyers are only interested in purchasing the real estate, not the owner’s personal property. However, some items of personal property are often included in a deal.
It is helpful for the personal property that will be conveyed with the home to be established in the beginning. The seller should give a list of inclusions and exclusions to the listing broker when the house is put on the market. Fixtures may include shades, heaters, appliances, screens, storm windows, lighting fixtures and other items the buyer or seller may agree upon. It is important that the real estate agents spell out what is included and what is not included at the time of negotiations, and obtain written consent from all parties involved in the transaction. Otherwise, there could be misunderstanding at the close of escrow, and the sale itself may be jeopardized.
September 5, 2007
CAN I TAKE IT WITH ME?
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