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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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Q	Where is the world's oldest castle located?
A	The castle at Gomdan, Yemon, dating from before A.D. 100, is considered the oldest castle; it originally had 20 stories.
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Judy Fithian, REALTORŽ, real estate agent and broker for Blacksburg and Christiansburg Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Judy Fithian, Associate Broker
RE/MAX 1st Realty
430 Peppers Ferry Road
Christiansburg, VA 24073
Phone: 540-818-5839
Office: 540-808-1004
Fax: 1-888-400-8250
Email: JudyFithian@NUMBER1EXPERT.com
Email: judyfithian@aol.com
I KNOW the New River Valley! As one of my clients, you will receive all the information you need.....when you need it! I understand your need for complete service, extensive knowledge of the area and PATIENCE, NOT PRESSURE! Whether buying or selling, you will appreciate my appraisal experience, my ability to listen to your needs and my 20+ years as a dedicated and successful real estate professional. Let me be your resource for all of your real estate needs!

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