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If a purchase contract for real property describes the land is it also necessary to mention the fixtures?
Wiki User
∙ 13y ago
No. Improvements and fixtures on land convey with the land on which they are located. Therefore a description of the land is presumed to include improvements and fixtures on the land unless specifically exempted by reference in the deed (e.g., power poles erected on a power line easement).
Wiki User
∙ 13y ago
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Can Personal property become real property by attaching it to real property?
Yes. Anything that is permanently attached to real property becomes a part of it. That includes any building or other structure. That also includes fixtures that are permanently affixed to the structures such as bathroom fixtures, kitchen cabinets, permanently wired in light fixtures, ceiling fans, heating units, hot water heaters, etc.
On a land contract in Ohio can the lesses resell the property?
A land contract is just like any other contract, complete with contract law principles. No one can sell the property until either the contract is either fufilled or breached. If it is fufilled, then it becomes the property of the one purchasing the property and after they have successfully completed the contract, they then are free to sell it to whomever they wish. But, if the contract is breached, it is then still the original owners and they can do as they wish, keep the property, sell the property or find another individual willing to enter into another land lease contract. So, while the property is tied up in a land lease contract, no one can sell or buy it until either a satisfaction or breach of the contract is committed.
If you have a contract with a renter that's saids they have to pay for the breakdowns do the renters have to pay?
Do you mean the contract states that the owner/real estate will pay for repairs and maintenance? If the contract states that the realtor will pay for repairs and maintenance on permanent fixtures such as ovens etc then the owner/realtor has to pay, if you signed a contract stating that you the rentor of the property will pay costs of repair to property including permanent fixtures and things such as excess water you have to pay, if you are in arrears with your rental payments the owner/realtor can choose to not pay for repairs until you have amended your debt on the other hand if you are up to date with your rent and the owner/realtor is meant to be footing the bill and is refusing you should take your complaint to the rental tenancy authority who can deal with the matter from there....
What type of property of a pure substance describes how that substance might from a new substance?
this describes a chemical property
Is A property or liability insurance policy a business or liability contract?
A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...
What is a property that describes how something feels with 7 letters?
Texture is a property that describes how something feels.
Can you apply a lien against an apartment for work that was done?
Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.
Is furniture and fixture is immovable property?
Furniture is movable. Most fixtures are immovable, but check with the agent what is to be left in a property you are taking over.
What's the difference between 'Property Plant and Equipment' PPE and 'Furniture Fixtures and Equipment' FFE?
Property, Plant, and Equipment (PPE) are items that are vital to a business operation. Usually these assets cannot be liquidated quickly. Such items would be the property the building is on, the building, and machinery used in production. Furniture, fixtures, and Equipment (FFE) are things that are not attached to the building. Examples of such items are desks, lighting fixtures, and computers.
What if wrong person signs a contract who isnt legally allowed to because property does not belong to them?
If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.
What property of a wave describes how often it occurs?
It's "period"
Is a service contract considered real property?
No. A service contract is personal property. See the related question link provided below.
