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Real Property for Indiana Paralegals
Section 10 . 1 . 4

Personal Property Included

Jonathan Watson

In some leases, as with sales, there may be additional personal property or space included with the lease, such as furnishings, machinery, or common area usage. That property should also be described carefully in the lease, and the treatment of it described. Some of that may be statutorily determined (as set forth below). When drafting, keep in mind that personal property may become fixtures, and state the intent (as possible) in the lease. In addition, personal property may also be property of another entity (such as leased kitchen ovens), which will require a separate drafted and / or reviewed document.

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