Humber/Ontario Real Estate Course 1 Exam Practice

Which statement best describes items that are attached to a home and not listed as exclusions in the purchase agreement?

1. As long as the items are not the main ones used in the home, they do not need to be excluded.

2. If the items were visible to buyers, they cannot be excluded from the agreement.

3. Since the items are removable, they naturally are excluded on the agreement.

4. The items must be listed as exclusions in the purchase agreement if they were attached to the home.

The correct answer is: The items must be listed as exclusions in the purchase agreement if they were attached to the home.

The statement describes the principle of fixtures in real estate, which refers to items that are physically attached to the property. These items are typically included in the sale unless specifically noted as exclusions in the purchase agreement. The correct answer underscores the importance of clarifying what stays with the property during the sale. Items that are attached to a home, such as light fixtures, cabinets, or built-in appliances, are generally considered part of the property and therefore included in the sale. If a seller wishes to keep any attached items, they must explicitly state these exclusions in the agreement. If not excluded, these items are expected to remain with the property when sold. This creates clarity and helps prevent potential disputes between buyers and sellers regarding what is included in the purchase. In contrast, the other statements do not accurately reflect the principles of real estate transactions related to fixtures and exclusions. They either misinterpret the visibility or removability of items or imply conditions that do not align with standard practices in property sales.