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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 was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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David Raesz and The Raesz Team, REALTOR®, real estate agent and broker for Austin, Dripping Springs and Lake Travis, Texas home listings, property and land for sale - NUMBER1EXPERT

David Raesz and The Raesz Team
Keller Williams Realty

Austin, TX 78746
Tel: 512-794-6635
Fax: 512-448-4822
Tel: 800-879-1161
Email: raesz@kw.com

David Raesz and the Raesz Team understands that when it comes to your home sale or purchase, a professional team who will cut to the chase, go the distance and get the job done quickly is the key to your success. And as one of the leading professional real estate teams in the Austin area, the Raesz Team are the Realtors® more and more people are turning to for help. Whether you are looking to buy or sell your home, or if you need the helpful guidance of central Texas' premier relocation specialists, you can always count on the Raesz Team to get the job done right. Hablamos Espanol!

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Keller Williams Realty real estate and homes for sale in Austin, Dripping Springs and Lake Travis Texas

Keller Williams Realty real estate and homes for sale in Austin, Dripping Springs and Lake Travis Texas

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