On behalf of my buyer, I attached the inspection report the buyer paid for to an amendment for repairs and submitted that to the seller’s agent. The seller and the seller’s agent refused to open the report or negotiate for any repairs. What can the buyer do in this situation?

1 minuteread
  • Home
  • /
  • Knowledgebase
  • /
  • Disclosures Other Than Agency
  • /
  • On behalf of my buyer, I attached the inspection report the buyer paid for to an amendment for repairs and submitted that to the seller’s agent. The seller and the seller’s agent refused to open the report or negotiate for any repairs. What can the buyer do in this situation?

A broker or seller who receives an inspection report is charged with knowledge of the information in the report even if the broker or seller does not open the report. While sellers and listing agents should review inspection reports they receive on the property, a buyer and/or buyer’s representative can’t force them to do that. Additionally, there is no requirement that sellers agree to or even consider amendments requiring the seller to perform repairs to the property. Buyers should have inspections performed and negotiate any repairs during the buyer’s option period. If the buyer is not satisfied with the information in the inspection report or cannot get the seller to agree to requested repairs, the buyer can exercise his right to terminate the contract.

Source: TAR

X
Welcome to Realty Nation
wpChatIcon
Scroll to Top