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Seller Disclosure Problem

Discuss anything to do with property law - buying, selling property

Seller Disclosure Problem

Postby geol19 » Mon Jun 30, 2014 4:22 am

I am along the way of purchasing new house, the purchase contract and examination completed and yet to become shut. We're after dark inspection backup screen. We simply found the vendor may have not acquired correct permits for building & electric work completed in finishing basement lately. The vendor's disclosure claims they ripped all permits but I believe they did not. There have been several issues our inspector stated in cellar which makes me believe vendor didn't draw needed permits.
If vendor doesn't accept acquire correct permits & town assessment acceptance just before final, what's my legitimate option at this time? May I stop purchase contract declaring they lied on disclosure?
Easily purchase this home, can I be requested to acquire enable & examination acceptance in potential?
geol19
 
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Joined: Fri Apr 01, 2011 2:20 pm
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Seller Disclosure Issue

Postby Gorrie » Mon Jun 30, 2014 10:17 am

Based on the way the municipality sights these specific things you may be set for MAIN issues  if permits weren't acquired for creating and electrical.   on the other hand it might be simple for customer to remedy and provide polish having a legitimate C of E. Issue is that you don't wish to trust brokers or vendor--move do own research to ensure you will find correct permits on document with town /city --of course if uncertain  you then require lawyer awful fast as next thing.
I actually don't understand if your states customers disclosure regulations have any tooth or not --or if disappointment  to possess correct permits is definitely an examination backup problem or not.
In my own specific town an incorrect signal disclosure may be visited completely upon vendor to heal --excellent theoretically--but ineffective if vendor is gone.
Don't shut having a ineffective guarantee that vendor may heal difficulty --learn to play hardball or walk.
Gorrie
 
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Joined: Sun Feb 23, 2014 2:14 pm
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Seller Disclosure Issue

Postby Lutz » Mon Jul 07, 2014 4:21 am

Jim001:the vendor's disclosure claims they ripped all permits but I believe they did not. There have been several issues our inspector stated in cellar which makes me believe vendor didn't draw needed permits.
You believe?
You believe?
However, you HAVE NO IDEA.
Grab yourself right down to the town building division to see.
There is no feeling discussing "what-IFS" before you UNDERSTAND.
 
Lutz
 
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Joined: Sun Mar 23, 2014 6:50 am
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