Title: Real Property vs. Personal Property - What's the difference? | findwell
Headings: Real Property vs. Personal Property – What’s the difference?
Real Property vs. Personal Property – What’s the difference?
Content: Sinks, toilets, cabinets, flooring, etc. are all affixed to the home and considered real property. All of your belongings like furniture, clothing and pictures are not permanently attached and are personal property that does not convey with a sale. There is plenty of gray area on what stays with the house during a sale. Some appliances are built-in, and likely considered real property, while their free-standing brethren are probably personal property. Light fixtures are generally real property, as they are affixed to the house, but what about a hot tub or swing set? Neither is particularly movable, but both may not actually be permanently affixed to the land. Wall-to-wall carpet is affixed to a home, but barely. It is easy to remove, but clearly feels like a necessary part of the home. There is plenty of room for misunderstanding on some of these items.