Be vigilant about inclusions and exclusions when buying a property

Inclusions and exclusions can be sources of litigation when selling/buying a property. It is important to be well informed and know exactly what is and is not included in the purchase price. Sutton Quebec gives you some key elements to be vigilant about what is included or not during a final sale.

Why insist on inclusions and exclusions?

During your visit, it is possible that the pretty high-end chandelier in the dining room was one of the details that motivated your choice. But, did you know that it is possible that this element is not included in the sale? If it was on the seller's exclusion list and you haven't changed it, your seller may have it replaced with a more classic chandelier when they leave.

Inclusions and exclusions represent more or less substantial sums of money. Whether it's a simple chandelier, an above-ground pool, or all the appliances, if you thought those items were included and they aren't, you're wasting money. It is therefore essential to communicate your expectations well and to write down carefully to avoid misunderstandings. 

Inclusions and exclusions must therefore be the subject of discussions and negotiations! Here's what is important to know in order to be well prepared.

Where and how to indicate inclusions and exclusions

The inclusions and exclusions are mentioned in the Promise to Purchase, hence the need to be accompanied by a real estate broker who helps you complete this document. This section is of great importance and should be completed with care. The description of the elements must be detailed with the brand or even the color or even the serial number.

 

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How to negotiate inclusions and exclusions?

Certain elements are included in the inclusions without needing to specify them. By law, installations that are an integral part of the building such as heating equipment or chandeliers are automatically included. However, to be included, these items must not be on the exclusion list.

Items that are not permanently attached to the building may be included or excluded from a transaction, such as appliances. As a buyer, it is very important that you state more clearly and in detail all the items that you want to keep when purchasing. Your broker will make sure to negotiate everything you have entered in the event of a refusal.

negotiate inclusions and exclusions

It is the same for exclusions, because it is possible that certain elements put you off and it is more difficult for you to get rid of them during your installation. 

The key to success therefore lies in communication and precision. Your real estate broker is there for you, he acts for you and he is attentive to all these details to avoid any ambiguity and conflict during your sale or your purchase. 

Also find our article on the checks to be carried out during a visit.