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What Parts of the Home are Included in a Real Estate Transaction
Lake Norman Moves Real Estate Studies
So you've found your dream home, congratulations! But as you move forward with the exciting (and sometimes overwhelming) process of buying a house, a question might pop into your head: what exactly comes with the property?
This is a crucial question, as you don't want any surprises after closing the deal. Fear not, future homeowner! This blog post will be your guide to understanding what generally gets included in a real estate transaction, and what you'll need to purchase separately.
Understanding the Lingo: Fixtures vs. Personal Property
Before diving into specifics, let's establish a key distinction: fixtures vs. personal property.
Fixtures: These are items that are considered part of the real estate itself. They are typically permanently attached to the property and essential for its function or enjoyment.
Personal property: This refers to movable items that are not permanently attached to the property and are not essential for its function.
What's Generally Included: Fixtures that Come with the House
Here's a breakdown of some common fixtures you can expect to be included in a real estate transaction:
Built-in appliances: This includes dishwashers, ovens, ranges, and cooktops.
Lighting fixtures: Recessed lighting, chandeliers, sconces, and permanently installed ceiling fans are generally considered fixtures.
Plumbing fixtures: This includes sinks, toilets, bathtubs, showerheads, and garbage disposals.
Heating, ventilation, and air conditioning (HVAC) systems: These are essential components of a home's functionality and are typically included.
Security systems: Built-in security systems, including alarms and cameras, are often included, but it's wise to clarify their functionality and any monitoring contracts that may transfer.
Garage door openers: These are usually considered fixtures, especially if they are integrated into the home's security system.
Window blinds and curtain rods: These are often included, especially if they are custom-made or installed.
Gray Areas: Negotiating Certain Fixtures
While the above-mentioned items are commonly included, there can be some gray areas. It's always best to clarify the status of specific fixtures in writing during the negotiation process.
Here are some examples:
Freestanding appliances: Refrigerators, washing machines, and dryers are generally considered personal property and are not automatically included. However, they can be negotiated into the sale if both parties agree.
Satellite dishes: These can be trickier. If the dish is permanently mounted on the roof, it might be considered a fixture. However, if it's easily removable, it might be considered personal property.
Built-in furniture: Bookcases, shelves, or cabinets that are built into the walls are usually considered fixtures. However, freestanding bookshelves are typically personal property.
What's Not Included: Personal Property Stays Behind
Now that we've covered the fixtures, let's talk about what generally doesn't come with the house:
Furniture: Sofas, beds, tables, chairs, and other furniture pieces are not included unless explicitly mentioned in the agreement.
Curtains and rugs: These are considered personal decorative items and are not typically included.
Electronics: TVs, speakers, and other electronic devices are not part of the property.
Decorations: Paintings, artwork, and other decorative items are personal belongings and should be removed by the seller.
Plants: Unless specifically mentioned, potted plants and landscaping features are not included.
Tools and lawn equipment: These are personal belongings and are not part of the real estate transaction.
Pro Tip: Always Double-Check and Communicate
Remember, this is a general guideline, and specific inclusions or exclusions can vary depending on your location, the property itself, and the terms of the sales agreement. It's crucial to:
Review the listing carefully: The listing should mention any fixtures or appliances that are specifically included or excluded.
Conduct a thorough inspection: During the home inspection, pay attention to fixtures and discuss any concerns with your inspector and real estate agent.
Get everything in writing: If there's any ambiguity about the status of a particular item, ensure it's clearly addressed in the purchase agreement to avoid any confusion later.
By understanding the difference between fixtures and personal property, and by carefully reviewing the details of your specific transaction, you can ensure a smooth and transparent home buying experience. Remember, clear communication and asking questions are your best friends throughout the process!
After years in advertising and marketing, living and working for companies in Georgia, North Carolina, and China, I decided to acquire my real estate license so I can use my established marketing and communications skills to help others and work for myself.
For many people, buying and/or selling their home is one of the most important and most stressful times of their lives. Having an advocate and an agent who has experienced years of corporate marketing, managing teams through challenging projects with tight deadlines, and negotiating complex deals - will aid in the home buying or selling process.
If you or anyone you know is interested in real estate investment, a personal real estate search, or property management, please reach out to me directly - I would love to provide my services to help find your goal property as soon as possible.
Bo Hardegree, NC Real Estate Broker
Espin Realty
[email protected]
704-748-0958