Common use of FIXTURES EXCLUDED Clause in Contracts

FIXTURES EXCLUDED. 6. renTal ITems: The following section deals with items that are not included in the purchase price because they are currently being rented. an example is a hot water tank that is being rented from a utility company. Other examples but by no means a complete list are alarm systems, furnaces, water softeners, air conditioners are but a few. Care should taken to ensure that all the rental items are detailed here. The Buyer agrees to assume any rental contracts, for example, a rental contract for the hot water tank, if assumable.

Appears in 4 contracts

Samples: Commission Trust Agreement, Commission Trust Agreement, Commission Trust Agreement

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