Podcast 11: Rental Items

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