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Real vs. Personal Property 
Negotiating personal property and real property can be very confusing and can cause lots of disputes when buying and selling homes. At closing time, the last thing you want is a dispute over what goes with the house and what doesn’t. But it isn’t unusual for a buyer to assume a particular item is included in the sales price, while the seller never had any intention of including the same item! Some examples include window coverings, lighting fixtures and chandeliers. Our North Carolina contracts do indicate items that are to convey with the property unless otherwise stated in writing, however it can still be confusing for both parties. Just about anything which might be construed by a buyer as being “part of the house” has the potential for misunderstanding and disagreement. It is extremely important to include each and every item on the offer to purchase and contract that has a potential not to be clear to all parties. This can prevent confusion and last minute issues with the closing.
Generally, the law says that anything which is part of the land or attached to the house and is immovable, or can’t be removed without damage, or anything which is incidental or appurtenant to the land is real property. Personal property is basically everything else – the possessions you take with you when you move.
The law recognizes the intent and manner with which an item is attached in determining whether an article or fixture is real or personal property. Built-in appliances are usually considered real property, while free standing ones are usually personal property. If removing the item requires pulling nails, it’s probably real property. If it can be unscrewed and removed without leaving any damage, it might be an item ready to cause some disagreement!
To avoid problems, both buyers and sellers should make detailed lists of any items to be included in the sale before closing. As a seller, give your list of items to be included to the closing agent. If there is something you want to take with you, and it requires removing a screw or nail, put it in the contract.
Remember, as with everything else in real estate, it’s all negotiable. If there is a unique item you want included in your purchase, you may be able to get it included at a reasonable price...Especially if the item won’t fit in with the new home the seller is moving to. Don't depend upon verbal communication as you may find at closing that things may be different. without documentation on the agreement, it may be difficult to enforce.
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