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Q
What does it mean on the contract about included… excluded?
Sue-Ellen, from Wicker Park
A
Yes, it’s really as simple as it sounds. In some cases a seller might want to take a particular item with them, let’s say the dining room chandelier, for example. While all the other lighting fixtures throughout the home might be staying since the seller is keeping the chandelier since it’s excluded on the contract. On the flipside, let’s say the buyer wants those great barstools that the seller currently owns. The buyer then could ask those to be included as part of their offer on the property. At closing the stools would then transfer to the buyer along with the property they’re purchasing.
Rebecca Siffel
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