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Fixtures and Fittings

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Fixtures and Fittings

You’ve sold your house. The new owner, a big rugby fan, gives you a call to remind you not to remove your built-in speakers, projector screen and satellite dish as he wants to throw a World Cup house warming party. You realise that none of these items were properly addressed in the deed of sale … so how do you know whether they are permanent fixtures and fittings? The three factors usually considered are:

  • the nature and the purpose of the item;
  • the manner and the degree of attachment; and
  • the intention of the owner.

 

However, these do not always provide a conclusive answer. The only way to avoid a dispute between a seller and purchaser, is to include a comprehensive list (with the assistance of your estate agent or attorney) of what is and is not included in the deed of sale.

 

Source - STBB Attorneys

 

Author STBB - Newsletter
Published 06 Oct 2015 / Views -
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