If you are thinking of selling your home, you're probably wondering whether you should take the custom made window coverings with you - or whether that entertainment unit you had specially made for your family room should really be sold with the house.
Undoubtedly, these items may be hard to part with.
On the other hand, they will probably make your home much more attractive to potential purchasers if you include them in the sale.
In fact, it's quite common for vendors to include some items that would normally be considered as "chattels" - such as drapes and appliances - in the sale of their home, as an extra incentive to buyers.
Fixtures
Fixtures, on the other hand, are a different matter altogether and are basically things that are attached to the property - like light sockets, a hot tub or electric wall heaters.
The law is not always crystal clear about what constitutes a fixture - but your Realtor will guide you through the listing process and help you decide and clarify what you want to include in the sale of your home.
Special Circumstances
There may be special circumstances where something that might ordinarily be considered as a fixture is not to be included in the sale - like the antique crystal chandelier you had imported from France.
Make sure this is clearly stated in the listing agreement - and more importantly - in the agreement of purchase and sale.
If stated in the listing, Realtors will point out the various items that are not included in the sale to prospective buyers before an offer to purchase is made.
Remove from sight
If you are absolutely certain you want to keep certain items - like the bookcase you had made to blend with the unique woodwork in your home - you may even want to remove these items from your home before you put it up for sale. That way, no potential purchasers will see them, fall in love with them, and insist that they be included in the sale.
Some items on the property such as water heaters or water softeners are often provided on rental basis. If this is the case, you should exclude the items from the purchase price and the purchaser should be asked to assume the rental.
Describe Items to Be Included
Items that are to be included should be described along with their location in or on the property. Remember, if you have any questions or concerns, don't hesitate to talk to your Realtor. He or she is a trained professional who will help guide you smoothly through the selling process.
Flamborough Review - August 2007
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