Contracts
A NC buyer who wants to purchase both a building and the seller's business equipment (FF&E — furniture, fixtures, and equipment) must ensure:
AThe equipment is automatically included in the real estate contract
BPersonal property (FF&E) is specifically listed in the contract or a separate bill of sale, since it is not real property✓ Correct
CA separate appraisal is performed for each item
DThe equipment is licensed with the NCREC
Explanation
Personal property (furniture, fixtures, and equipment) is not automatically included in a real estate contract — it must be specifically itemized in the contract or a separate bill of sale to transfer with the sale.
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