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John Veneris, REALTORŪ, real estate agent and broker for Downers Grove, Lombard and Woodridge Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
Where will you find the world's most unusual golf course?

A 
The only golf course on the island of Tonga has 15 holes, and no penalty against the golfer whose golf ball is stolen by a monkey.
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John Veneris, REALTORŪ, real estate agent and broker for Downers Grove, Lombard and Woodridge Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

John Veneris
These properties presented by John Veneris of Realty Executives Pro/Team, Downers Grove, Illinois

1001 Ogden Avenue
Downers Grove, IL 60515
Toll Free: 1-800-284-8156
Office: 630-515-9500
Direct: 630-515-4480
Fax: 630-515-0955
Email: veneris@msn.com

John Veneris has been listing and selling homes in Chicagolands' western suburbs for over 25 years. He is the expert when it comes to Real Estate in Downers Grove, Naperville, Woodridge, Darien, Westmont, Lisle, Hinsdale and many other suburban areas. Whether relocating to Chicagoland or moving across town contact John Veneris for professional and friendly service.

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