The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operation. Its even tougher when neither the seller nor the buyer is in the real estate business. This article sorts through what stays in the house or condo when its sold.
Attachments Literally!
In most states, the term attached takes on a unique meaning in real estate. Essentially, it boils down to this, If its attached to the real estate, its no longer personal property. Practically speaking, anything attached to the home stays with it when ownership is transferred. Applying this concept, its easy to see why chandeliers, doorknobs and kitchen cabinets stay.
To determine whether something stays or goes, focus on the attachment issue. Plants can often be a confusing item. Generally, it they are planted in the ground, they stay. If they are in planters, they go. With other items, just look to see if they are attached to the property.
I Am Seller Hear Me Roar!
If youre a seller, youve probably spent a good bit of time and effort on the property. What if you want to take a few attached items with you? Can you legally keep it?...