This is an interesting article about what is or is not included in a sale. The law of contract applies equally to commercial properties as residential ones. It never ceases to amaze me how many buyers or tenants don't bother to get a survey done.

Caveat Emptor or "buyer beware" means as a buyer or tenant your duty is to make all usual inquiries to inform yourself of the state and condition of the property you are obtaining an interest in. This includes asking questions of the seller or landlord which must be answered honestly.

However, what most people fail to understand is that until a contract has been exchanged or lease granted nothing is binding. So if your seller decides they want to remove the wood burning stove, as in this example, there is not much you can do about it unless they did not tell you they were taking it away before you exchanged contracts.

Thankfully this is a rather extreme example. The advice and comments attached to this article are not necessarily endorsed by us.