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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 largest industrial building located?
A	The single largest industrial structure is the container freight station of Asia Terminals Ltd in Hong Kong. It is 359 feet high, with 15 levels.
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The Rice Team, REALTOR®, real estate agent and broker for Miramar, Pembroke Pines, Weston and Fort Lauderdale, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rice Team
RE/MAX Premier Associates
2500 Weston Road
Suite 103
Weston, Florida 33331
Phone: 954-200-7508
Fax: 954-200-7509
Email: michelle@riceteamrealestate.com
Driving Directions:
* Take i-75 to Exit 15 (Royal Palm Blvd).
* Make a left onto Weston Road.
* Left onto S. Commerce Parkway.
* Immediate left turn.
* Building is on the right.

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