ContractsCounsel Logo

Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

GET FREE PROPOSALS
No upfront payment required. Pay only if you hire.
Home Q&A Forum Property condition in a purchase and sale agreement?

Representations and Warranties

Purchase And Sale Agreement

California

Asked on Sep 9, 2023

Property condition in a purchase and sale agreement?

I am in the process of buying a house and am in the process of signing a Purchase and Sale Agreement. I have a question regarding the property condition stated in the agreement and would like to understand what my rights and responsibilities are in regards to the property condition. I am primarily concerned with any potential liabilities I may have if the property is not in the condition specified in the agreement.

1 Attorney answer

Answer

Representations and Warranties

California

Answered 300 days ago

Myrna L.

ContractsCounsel verified

Business Lawyer
Licensed in California
Free Consultation

First, have a professional contractor inspect the property and provide you a report on the condition, i.e. roof, plumbing, electrical, sewer, etc. Contractor should look for defects, both latent and visible defects. Second, compare contractor’s report with the stated condition of the property in the proposed Purchase Sale Agreement. Third, if contractor finds defects, negotiate with seller on the costs of repairs of defects , either through a reduction in purchase price of property or hold money to repair defects in escrow.

Use of the ContractsCounsel Q&A Forum does not create an attorney-client relationship between User and any Lawyer User. The Forum is not a substitute for legal advice from a lawyer but is intended to be educational and to help the user determine if legal services are necessary. The Forum, Content, and communications on the Forum do not constitute legal advice.
Meet some lawyers on our platform

Umar F.

3 projects on CC
CC verified
View Profile

Jeremiah C.

108 projects on CC
CC verified
View Profile

Michael K.

101 projects on CC
CC verified
View Profile

Ryenne S.

671 projects on CC
CC verified
View Profile

Find lawyers and attorneys by city