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Podcast 11: Rental Items

- What is included in the sale of a property?

- Chattel vs. fixture

- What type of rental items can exist?

- Why do people lease furnaces? hot water tanks?  (benefits)

- what do the contracts look like to lease

- how much does it typically cost to terminate or pay out a lease contract?

- what common issues do you see with rental items?

- What are some of the best practices when listing a house? condo? when it comes to rental items

- Are rental items registered on title as a lien or encumbrance?

- what type of warranty or representation can be included in the agreement to protect the buyer?

- I often see a phrase such as “seller to discharge all liens and encumbrances on closing, however, furnace is a rental item included under rental” any issues if furnace is already included as a rental