it appears there is already legislation proposed to cure the problem.TYLER v.

A 1970's cure was to dig out around all the basement walls coat them with a 1.5 inch layer of tar to seal it up.

Not trying to be crazy about this but a lot can go wrong and a sheet of paper won't cure everything.

You can't really cure it.  

Now, that may well mean that the investor has to come up with cash to pay on the deal giving the seller enough to pay his expenses.The really bad thing about forums is that I have clowns to the left of me and jokers to the right, and here I am having to post, spending time and effort correcting them so that the unknowing don't get in trouble or get their heads screwed up.No, you can not just do a quit claim deed and cure the fact that title was passed in violation of the deed of trust.

I credit that to having a slick hard many coats of enamel paint AND I did cure the source of excess moisture needless to say.

The only thing I can add that no one else has mentioned is to point out your alarming willingness to delay giving the cure notice until after October rent is paid.

Finally by the middle of December we completed the dig and within a few days had a basement in place.As you can see we had to cover the footings with hay to keep the frost out and allow the concrete to cure without freezing before we set the forms for the walls.A few words about financing: we bought the lot cash and had a construction loan set up to finance the build.

The seller will have to cure at some point but the contract will expire and your earnest money will be refunded. 

In the memorandum give them two options to cure the issue:1.