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The Susan Ramsey Team, REALTORŪ, real estate agents and broker for Glendale, Peoria and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)
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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
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Where in the United States will you find the largest concentration of million-dollar homes?

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There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
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The Susan Ramsey Team, REALTORŪ, real estate agents and broker for Glendale, Peoria and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

The Susan Ramsey Team
RE/MAX Integrity Realtors

20241 N. 67th Ave., #A-1
Glendale, AZ 85308
623-486-3600
800-466-2765
623-362-3085
susanramsey@NUMBER1EXPERT.com

The Susan Ramsey Team is: "The Right Choice For ALL Your Real Estate Needs"

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RE/MAX Integrity Realtors real estate and homes for sale in Glendale, Peoria and Phoenix Arizona

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