Monday, December 08, 2008

is a furnace and hot water tank a chattel or fixture?

I received another question that I thought I would post here:
Hi Mark,

I found your website interesting and very informative. As I read the first page I was wondering as a first time home owner, if I get an agent in our area to make an offer are the furnace and water tanks considered chattels?

Thank you for your time,

Hello H.,

That's a good question. Typically, hot water heaters are chattels and must be specified as such. Some lawyers say that water tanks and furnaces are chattels and must be specified in the agreement of P&S Always err on the side of caution and you will be fine!

Thank you,


A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

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