Repair Clauses in Real Estate Contracts

18 July 2013
REMAX Realtron Realty Inc

Repair clauses in real estate contracts must be carefully worded. Most real estate agreements are conditional on the buyer being satisfied with a home inspection. The buyer inspector then usually finds problems and the buyer wants the seller to correct them in order to go through with the deal. As the following case illustrates, if you are not careful in how you word this repair obligation, court proceedings can arise: Mark Rosenhek agreed to buy a home from Elizabeth and ...