Fixtures (AKA: How Not to Buy a Major Appliance for Your Client)
Fixtures (AKA: How Not to Buy a Major Appliance for Your Client)
Hot tubs…playground sets…generators…front porch swings…Washington REALTORS® Legal Hotline Lawyer Annie Fitzsimmons addresses a common question surrounding confusion about fixtures. She delves into what constitutes a fixture and offers some best practices to address these items during the transaction.
www.warealtor.org
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Legal Hotline Video featuring Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer – The Legal Hotline is a Washington REALTOR® Member only benefit. These videos are intended for Washington REALTOR® members. If you have questions and are a primary member in good standing with Washington REALTORS®, visit www.warealtor.org to contact the Legal Hotline Lawyer. You will need your NRDS ID and password to inquire with the Legal Hotline or search the database.
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Kudos for bringing up the financing issue. Always good to talk to your lender when you have odd items, like generators. I would imagine a canoe would be problematic with any lender.
One of your best/most informative videos to date Annie! In my practice, when meeting with Clients for the first CMA/Observation visit, the "probing questions" you articulated are critical. The final CMA should have a plan to deal with all non-conveyance items.