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29 October 2019 | 6 replies
There's a reason they do it this way - and that's to avoid providing/paying for a title policy to the buyer and to avoid paying off/correcting all the title defects/liens that exist.
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29 July 2011 | 27 replies
IOW, this covers you, the owner, to bring the property to complete if faulty workmanship, defective materials, carelessness, or accident occurs.And another (while I am at it): Automobile Liability What if a vehicle backs into your building?
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2 July 2018 | 12 replies
Home warranty will replace something defective inside your home, but not something defective outside your home and not pay for associated damages, so not worth pursuing.
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17 July 2015 | 11 replies
It is a duplex I would be financing, however I just got the home inspectors report back and there are some things on that report listed as defective that make me concerned.
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26 August 2019 | 5 replies
Also, don't transcribe that list inside the potential home with the elevated levels of CO (that stands for carbon monoxide and it can kill you) and likely represents a defective gas appliance.
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4 January 2014 | 16 replies
This material turned out to be defective, and needs to be replaced in any rehab property.
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10 September 2020 | 2 replies
If you lie, that could open you up to future liability; if you tell the truth, that could limit your buyer pool (a lot of people don't want to buy a house if work wasn't permitted);- Worst case, down the road, if there is a defect in workmanship that results in someone getting injured or killed (electrical fire or gas leak, for example), you could potentially be held criminally liable and/or find yourself getting sued.
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16 September 2023 | 43 replies
My contract is pretty clear that all appliances and any damage to them is a responsibility of a tenant except when defective.
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28 September 2023 | 41 replies
I would hope there is another “known defects or pending actions” section too.
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3 December 2023 | 27 replies
Today I learned that the seller is not willing to pay and the town is not willing to turn on the water until the bill is fully paid.My realtor relayed we can either pull out of the deal or I can pay the water bill to perform the inspection thoroughly.I’m looking at paying $1k+ for a water bill of a property that’s not mine I’m not even sure if I’ll go through with after the inspection (if worse defects are found).I don’t know what to do.thank you.