"What is a fixture? My contract to sell my house said that all applicable fixtures are to remain. What does this mean?"
By definition a fixture is a tangible object that had been personal property but has become so attached to the real property that it has become a part of it. To be a fixture, the object must retain its original identity even after being affixed to the real property.
For example, if you go to a store that carries sinks then the sink is personal property, but once it is installed and is affixed to plumbing, then it becomes a fixture. A refrigerator that plugs in is not a fixture and would have to be agree upon specifically in a contract to sell a home, if it is going to stay in the home. Attorneys can answer legal questions regarding contracts. The law office of Andrew Farmer has serviced clients from Sevierville, Pigeon Forge, Gatlinburg, Knoxville, Dandridge, Jefferson City, Newport, Johnson City, and Kingsport, and is ready to assist you with any legal matter that you may need help with.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment