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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 house is thought to be the first one designed by Frank Lloyd Wright?

A 
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan.
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Margery Jordan, REALTOR®, real estate agent and broker for Wilmington, Wrightsville Beach, Hampstead and Carolina Beach, North Carolina home listings, property and land for sale

Margery Jordan
Intracoastal Realty

1900 East Wood Rd Suite 38
Wilmington, NC 28403
Mobile: 910-619-7414
Direct: 910-509-7414
Toll Free: 866-509-7414
Fax: 910-256-4248
MargeryJordan.com

Margery�s Philosophy: My real estate philosophy is different from other realtors. I focus 100% of my efforts on providing the most qualified, economical, and satisfying service to each of my clients. With strong attention to detail, I work to solve any issues quickly and efficiently, making each closing a pleasure for my clients. As your guide, you can depend on my expertise, determination, and integrity to help you purchase your new home or sell your current one. Contact me today, and we'll work together to fulfill your goals!

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