Law of Attachment -Chattels and Fixtures
I am conducting a course in the law of attachment: chattels and fixtures. There’s a rough rule of thumb:
If you take a house, turn it upside down, shake it and if the object falls out, it’s a chattel, and if it stays put, it’s a fixture.
One little problem, someone in the real estate business just made it up. It’s not true, and it’s not the law. However, it certainly seems to work more than half the time. But, it doesn’t answer the legal questions, it is not the law and it certainly won’t help with any of the difficult questions.
Are you happy with 50% accuracy, or would you like to be 99% sure? If so, then you will need to know the rules!
So, rather than writing a client a cheque for a dishwasher, furnace or air-conditioner, why not take 3 hours of your time, attend a seminar and understand exactly how the law will apply?
The intention is not to eliminate all risks, but rather to reduce them and keep you out of trouble and clients out of your pocketbook.
Bring all your questions and examples, and we’ll provide you with the tools to answer them.
The program is being hosted by the Mississauga Real Estate Board at its offices on 13 March 2014 at 1:30 pm.
For registration, contact the Board at 905-608-6732
Brian Madigan LL.B., Broker