What Property is Included in the Sale of a Home?
Thursday Nov 02nd, 2023
When buying a home, it's important to understand what is included in the sale of the property. While most assume that everything within the house and on the land is included, this is not always the case. This article will help you understand what property is typically included in the sale of a home.
The House and Land
Typically, the house and the land on which it sits are included in the sale of a home. This means that anything that is permanently attached to the house or land, such as the walls, floors, roof, foundation, and fixtures like light fixtures and built-in appliances, are included in the sale. The land will usually include the area within the boundaries of the property lines, including any structures that are attached to the land like sheds or fences.
Personal property, such as furniture, electronics, and other movable items, are not usually included in the sale of a home. If a buyer is interested in purchasing these items, they will need to be negotiated separately from the sale of the home.
Items That May Be Negotiated
Some items that are typically included in the sale of a home, such as appliances or light fixtures, may be negotiated separately if the buyer does not want them. Additionally, some fixtures or items that are not permanently attached to the house or land, such as curtains, may also be negotiated separately.
Sometimes a seller may want to exclude certain items from the sale of the home. These exclusions should be clearly outlined in the purchase agreement, and may include items like a chandelier that has sentimental value to the seller or a playset in the backyard that the seller plans to take with them. It's important for the buyer to be aware of any exclusions before signing the purchase agreement.
When purchasing a home, it's important to carefully review what property is included in the sale. If there are any questions or concerns about what is included, be sure to discuss them with your real estate agent and review the purchase agreement carefully. By understanding what is included in the sale, you can avoid any surprises and ensure a smooth home buying process.