You have found that dream home and the whole family is excited about your prospect of buying it. The children are so excited at the presence of a play set located in the backyard. You proceed and make your offer, which is accepted, and you move in. Your kids are eager to show you their theatrics at the swing only to be disappointed that the swing is not there. Alas! Where did it go, the seller took it. The frustration sets in, and you begin to feel duped. You need to understand that for people buying buildings there is always questions that arise when the property owner or seller take part of a property that was in the building before signing the purchase agreement.
It is for this reason that this article will look at what is considered a fixture and why. Instances are that you might or might not hear real estate agents using a term fixture during a property purchase agreements. Fixtures are the items that are attached to the property or premise and if removed it will damage the property. These items are usually transferred from the owner to the buyer during the purchase of the property. These items can be a shade attached at the backyard, property such as television wall mount or a custom-made kitchen cabinet affixed to the wall.
First, buyers should understand that there is no generic rule of what constitute a fixture item. Since these items are transferable during the purchase of the home, to be on the safe side the sales contract should be specific to the item. It is because large objects like ovens and refrigerators might seem obvious components of a house but if they are not affixed or plugged the sellers might take them at the closing of the purchase. It is for this reason that you need not assume that any equipment that you find affixed will be conveyed to you after the closure of the transaction.
Such confusions about which of items are transferable always cause a lot of problems in the real estate transactions. It is important that the buyer and seller take an inventory of the items in the home and including them in the contract to avoid such problems. The inventory will clearly convey to a buyer, which items will remain, and those the seller will take. Including these items as part of the contract will prevent unnecessary legal action after the close of the purchase of the property. Some of the common items considered as fixtures in the house include appliances, mirrors, shelves, lighting equipment, sinks, showers, ceiling fans, faucets and much more. Remember that the curtain rods are also considered a fixture because it is affixed to the wall, but the seller might take the curtains. Appliances such as microwaves, refrigerators might remain if they are affixed to the house. The buyer should never guess that just because an item is plugged to the premise, then it is conveyable after signing the purchase agreement. If they are unsure, they should ask the seller or refer to the inventory before appending their signature on the purchase agreement