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Updated over 4 years ago,

User Stats

22
Posts
5
Votes
Benjamin Giles
5
Votes |
22
Posts

Seller Compensation for failure to produce docs

Benjamin Giles
Posted

I am wondering if There is a precedence to legally force compensation from seller for expenses thus far (Inspection, agent, time, wire xfer fees etc.) in a deal that is under contract signed by seller requiring sellers disclosure but has not provided during due diligence?

To be clear...I want to close and have made good faith effort on all aspects however seller has allowed due diligence to lapse without responding with requested items. (The contract states the sale is not considered as-is if a due diligence period applies.)

As I am seeking a possible precedent rather than a suggestion on what I am able to do, I would greatly appreciate an informed technical/legal response rather than speculation. 

Thanks in advance!

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