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Real Estate Tips
Real Estate Contracts >Personal Property

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. What happens when personal property has become a part of the real estate? Is it actually a "fixture" which will now convey to the buyer with the real estate?

There are three tests which usually need to be satisfied. Has the personal property been permanently annexed to the real estate? Is it intended to become part of the real estate? What is the local custom? Fixtures may include shades, heaters, ranges, screens, storm windows, lighting fixtures, etc. To save misunderstanding at the closing--and perhaps the sale--it is important that the seller spell out specifically in the sales agreement what will go to the buyer as part of the property.

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Real Estate Trivia
Q 
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?

A 
Straw bale homes may well become the non-toxic, affordable home of choice in the future.
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Cassandra Ingraham, REALTOR®, real estate agent and broker for Lithia, Brandon, Riverview, Apollo Beach and Valrico, Florida home listings, property and land for sale - NUMBER1EXPERT

Cassandra Ingraham
Coldwell Banker

213 West Bloomingdale AVE
Brandon, FL 33511
813-315-3205
Fax: 877-858-2321
cassandraingraham@NUMBER1EXPERT.com


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