Wiki User
∙ 9y agoNo.
The seller should be required to return payment and accept return of the vehical if there is a serious problem with the car detected in a limited amount of time from purchase.
But this is not the law!
Wiki User
∙ 9y agoThe seller should pay up to and including the day of closing.
Extorting money from anyone sounds slightly criminal. When a buyer knows, from a reputable inspector, for example, that repairs are required to a property, the buyer can request that the seller consider that expense in the sale price. Neither the buyer nor the seller is obligated to move forward with the purchase if no agreement can be reached over repairs.
1. Get sales pricing on comparable house sales in the same area. 2. Get a home inspection and provide seller with costs for repairs (materials + labor) to negotiate seller having repairs done or reducing house price. If you can do repairs you can save labor $. 3. Be prequalified for mortgage so that seller knows you are seriuos.
Did you not test drive it? You should have had it inspected by a mechanic prior to purchase.
Is seller responsible for doing a research on a home that they want to sell
No how can it be leagel
Yes and the Buyer can also walk.
It happens all the time, but you have to have a realtor that works for YOU. Remember that the realtor works for the seller and is paid by the seller, UNLESS you hire your own realtor or real estate lawyer. You should find one who has some experience writing the kind of rider that you describe.
Exworks: The seller is responsible for the goods till the factory outlet and after outlet, the buyer is responsible for goods, customs till the buyer's door. FOB(Free on Board): The seller is responsible for the goods till the port of departure where customs will be be looked after by seller and after departure from the seller's port, the buyer is responsible for the goods till the buyer's door.
The seller is responsible for all of the real estate commission regardless of whether the transaction involves carrybacks. Regardless of the financing, the seller is always responsible for the realtor fees.
If the boat was sold "as-is" probably not, unless the seller wants to be a 'good guy.' If a clearly dangerous condition was discovered after the sale perhaps negotiations can work out the repair cost, but basically it is strictly a case of 'Caveat Emptor' (let the buyer beware).
In California it is the responsibility of the seller to provide verification of a current smog inspection before conducting a sales transfer of a vehicle. Without a smog certification from the seller you don't have a right to return the vehicle, but the seller is still responsible to pay for certification and any necessary repairs to pass California emission requirements.