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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 
Where will you find the world's most unusual golf course?

A 
The only golf course on the island of Tonga has 15 holes, and no penalty against the golfer whose golf ball is stolen by a monkey.
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Nancy Clayton, REALTOR®, real estate agents and broker for Falmouth, Mashpee and Bourne Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Clayton, CRS, ABR, CBR, SRES, e-PRO, RECS
RE/MAX Classic

205 Worcester Court
Falmouth, MA, 02540
508-548-6667
877-80 REMAX
Fax: 508-540-6832
nancyclayton@NUMBER1EXPERT.com

Whether looking for retirement or leisure properties in the Cape Cod area, Nancy Clayton is your neighborhood expert. Nancy offers you over 20 years of experience and enthusiasm in real estate. She is dedicated and educated to represent you in all of your real estate needs. Representing you and not houses is her specialty.

CRSABRCBRSRESeProwcrMLSEqual HousingREALTOR


RE/MAX Classic real estate and homes for sale in Falmouth, Mashpee and Bourne Massachusetts

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