Posts tagged with “Fixtures”

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Fixtures or Chattels and the Case of the Missing Vacuum Canister #377

An experienced nominee recently related an instance of a buyer’s agent trying to settle a problem for his client by paying for a built-in vacuum canister that the seller intended to take…

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Chattels or Fixtures – New Test? #247

A number of tests have been developed by the courts to decide whether an article is a chattel or a fixture, but the difficulties in applying the tests to specific articles continues…

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Fire Alarm Systems; Income Tax – Agent’s Waiver of Its Commission Share #81

The high energy costs of the 70’s led to an increase in the number of free-standing wood stoves providing heat to economy minded home owners. This in turn led to a problem when the owner of the home containing the…