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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Bill Bondurant, Evelyn Clark & Bart Castleberry
Bondurant Realty Corporation
1300 E. Main Street
Radford, VA 24141
540-639-9672
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Bill, Evelyn, & Bart are unquestionably the best resource for handling your real estate needs in Radford and the surrounding area. Since 1990, they have individually sold more homes each year than 95% of the other agents in the New River Valley. Their desire to earn a REPUTATION FOR RESULTS has kept them consistently at the top of their profession. Call or email them today!!!

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