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I am purchasing a Condo in Norfolk. How do I have to review

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I am purchasing a Condo...
I am purchasing a Condo in Norfolk Virginia. How long do I have to review the condo docs and if I see something I do not like how long do I have to rescind the contract. Will I loose my 5000 deposit? Do you review documents for a fee? I am very nervous making this investment.
Submitted: 2 years ago.Category: Real Estate Law
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Customer reply replied 2 years ago
What things should I be reviewing the the condo docs? Financials, renter ratio, upcoming assessments?
Customer reply replied 2 years ago
Posted by JustAnswer at customer's request) Hello. I would like to request the following Expert Service(s) from you: Live Phone Call. Let me know if you need more information, or send me the service offer(s) so we can proceed.
Answered in 6 minutes by:
12/24/2015
Real Estate Lawyer: Law Educator, Esq., Lawyer replied 2 years ago
Law Educator, Esq.
Category: Real Estate Law
Satisfied Customers: 121,058
Experience: Licensed attorney practicing landlord-tenant, land use and other real estate law and litigation.
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Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.
If you signed an agreement, you are bound to that agreement from the time you signed unless the agreement has some cancellation clause. So was the deposit stated to be refundable or non-refundable when you signed the agreement? Is there any contingency or cancellation clause in the agreement you signed?
While we can answer specific questions about parts of your agreement, it is difficult to review the entire document in this forum, but if you upload the link to it we could answer questions about it for you.
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Customer reply replied 2 years ago
The question was specific to the condo docs, in VA you have 48 hours to review the docs. You receive a resale certificate. Are you licensed in VA?
Real Estate Lawyer: Law Educator, Esq., Lawyer replied 2 years ago
Thank you for your reply.
I am familiar with the law in VA, it is 10 days to review the documents if it is a new development and 72 hours if it is a resale. But what are your specific questions and what does the contract say as I asked above.
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Customer reply replied 2 years ago
Are you licensed to practice law in VA?
Real Estate Lawyer: Law Educator, Esq., Lawyer replied 2 years ago
Thank you for your reply.
None of the experts here are licensed in VA, we are also (according to the terms of service you agreed to) not here to provide legal advice, solely information to customers to educate them regarding their rights. If you want specific legal advise, you need to go to a local attorney I am afraid, as this site cannot provide that to you and I am sorry if there was any misunderstanding about that.
If you still want general information so when you proceed to a local attorney you are better informed, we are more than happy to work with you.
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Customer reply replied 2 years ago
I thought I was getting someone licensed in my area. I do not want to continue and wish a refund. This info was not at all helpful. Thank you for your time.
Real Estate Lawyer: Law Educator, Esq., Lawyer replied 2 years ago
Nobody ever provided you any real "info" because you would not respond to questions as you misunderstood our service. So you are more than welcome to a refund, but as the experts are not employees of the site we cannot do that for you.
You can contact customer service at http://ww2.justanswer.com/help for a refund of any deposit if you like or call Just Answer customer service at(###) ###-####
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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