An owner listed a rental property with a broker and indicated the counter top microwave oven would be included. However, the current tenant had purchased the oven and had not agreed to sell it. Would the microwave oven belong to the new buyer at closing?
A. Yes, it is a fixture.
B. Yes, the seller listed it with the house.
C. No. the oven is the real property of the tenant.
D. No, the seller did not own the oven.
Answer: D. No, the seller did not own the oven.
You might also like to view...
Which of the following will NOT determine a person's credit worthiness to obtain a mortgage?
A) their current job B) the size of their down payment C) their past employment history D) their previous borrowing history E) all of the above determine credit worthiness
You may review your credit report held by a credit bureau
A) only if you have been denied credit within the past year. B) only if you have been denied employment because of your credit record. C) only if you have been denied a home mortgage in the past year. D) for any reason, including just curiosity.