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Who gets the furnishings when a home is sold?
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This is up for negotiation during the contract phase. In general furnishings are personal property and are not sold with the real estate. Unless specifically mentioned in the contract it can be expected that the furnishings will be removed prior to closing. If the buyer would like to purchase some or all the furniture this would be done by a separate bill of sale.
It is advisable to conclude the agreement on the list of items to be sold as part of the contract negotiations. That way the real estate price can be tied to the sales price of the furnishings and visa versa.
Furnishings that are attached to the real estate are most likely fixtures and fittings and belong to the real estate. They will stay with the property. If in doubt it is always advisable to list the fixtures as part of the sales contract if it is unclear if something will stay with the property. |
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