Real Estate Law
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Hello: This isCustomer Welcome to JustAnswer! I am reviewing your post, and I will post my response very shortly. Thank you for your patience.
So My question is 1. Who should pay for under 10k repair cost
Response 1: The condo association/management.
2.Who should pay for above 10k cost if that happens which is rare.
Response 2: The condo association.
3. Can i sue the management or the previous owner for not disclosing Mold.
Response 3: No, you cannot since you did home inspection and there was no mention of mold. As you said, you do not know when the mold started. So, you would have a high burden to prove that the seller knowingly lied about the condition of the premises at the closing. Also, unless there is a survival clause with regard to this sort of thing in your Purchase and Sale Agreement, the closing renders the Purchase and Sale Agreement null and avoid. So, you would not able to sue the Seller for the breach of the Agreement.
4. Should management pay for the water leak issue or the structural issue which caused the issue.
Response 4: Yes.
Thank you Phillips, My condo association is not agreeing to pay anything. They are saying that there must be an event date then only their insurance will pay. I can't start the work until I sign their Approval request paper. What should I do?
Response 1: Unfortunately, I cannot tell you what you should do here because that would be considered giving legal advice, which is prohibited by the terms of service.
Regarding Survival clause should I check Purchase and Sale agreement ?
Response 2: Yes, you should check.
is it uncommon to have?
Response 3: Unfortunately, yes. However, some P &S agreements do have them. I try to put them in mine when it is warranted. For instance, when there are outstanding repairs and the Seller has promised to fix them.
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The affected area would be considered a structure--a common structure connecting two units.