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What are 'inclusions' and 'exclusions' in an Alberta purchase contract?

Correct Answer

B) Items that are included with or excluded from the sale of the property

Inclusions are chattels or items that are not permanently attached to the property but are agreed to be included in the sale (e.g., appliances, window coverings). Exclusions are items that might normally be considered fixtures but are specifically excluded from the sale. These must be clearly stated in the AREA purchase contract.

Answer Options
A
Types of financing arrangements a lender includes in or excludes from a mortgage
B
Items that are included with or excluded from the sale of the property
C
Zones that are included in or excluded from the property survey
D
Conditions that the buyer includes or excludes from the offer

Why This Is the Correct Answer

Inclusions are items not permanently attached (chattels) that the seller agrees to leave with the property, such as appliances and window coverings. Exclusions are items that might be considered fixtures but are specifically removed from the sale, such as a custom chandelier. Both must be clearly listed in the AREA purchase contract.

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Key Terms

inclusionsexclusionschattelsfixtures
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