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Find out why I am a Top Real Estate Expert. Call me: Off:209-680-4033. Cell:209-337-8172
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|  | | | 851 Pleasant Valley Road, Diamond Springs,Calif. | |
We are located at 851 Pleasant Valley Road in the charming little town of Diamond Springs, just outside of Placerville and on the way to the many wineries of the Fairplay Winery Area. Our office is ideally located for your convience a hop skip and jump from Hwy. 50 take the Missouri Flat Road exit right, to the end at the stop light turn left on Pleasant Valley Road .5 miles to our office at 851 Pleasant Valley Road on the left.
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Real Estate Contracts >Personal Property
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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