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Fixtures and Personal Property That Convey with a Home Purchase

July 7, 2011 by jennifer@srock.net Leave a Comment

By Jennifer Srock

Only currently existing features in the home that are listed in writing must convey with your home purchase unless otherwise specified in the contract. If a pre-listed feature in the contract does not exist in the home at the time of contract, it does not have to be included.

It is a common misconception that the refrigerator, washer, and dryer, will convey in the sale of the home if they were in the home when the home was shown. These items only convey if specified in the contract.

As an extra precaution for buyers, describe in detail or include the model number of any and all appliances and additional existing personal property that will be included in this sale.

As an extra precaution for sellers, describe in detail or include the model number of any and all appliances and additional existing personal property that will be NOT be included in this sale.

In the contract, the seller warrants that all additional personal property included in the sale will be in substantially the same condition as on the date of Contract acceptance. Although an “As Is” agreement may disclose the seller’s intention of no repairs, it is always good to ask anyway. Just expect to get a No answer and be very thankful if you get a Yes. It does happen.

Filed Under: AZ Purchase Contract, Buyer's Advisory

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