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Buying a home in Indiana. If radon test fails is seller

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Buying a home in Indiana. If...
Buying a home in Indiana.
If radon test fails is seller obligated to pay.
Submitted: 11 months ago.Category: Real Estate Law
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Answered in 5 minutes by:
9/11/2017
Real Estate Lawyer: Ray, Lawyer replied 11 months ago
Ray
Ray, Lawyer
Category: Real Estate Law
Satisfied Customers: 48,829
Experience: Texas Attorney for 30 years dealing in real estate
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Hi and welcome to JA. Ray here to help you today.Please bear with me a few moments while I review your question, conduct and prepare your response.

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Real Estate Lawyer: Ray, Lawyer replied 11 months ago

You would have grounds to terminate the sales contract.Unless the contract states seller has to pay here then seller has no liability to pay for the test.The seller here will have to disclose it to future buyers or remediate it.You can see if seller will remediate if you want to go forward or terminate and get your earnest money back.

But seller not obligated to pay for test unless the contract requires it.The terms of the contract set out rights and obligations pf the parties here in Indiana.

I appreciate the chance to help you today.Thanks

If you can positive rate 5 stars it is much appreciated.

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Customer reply replied 11 months ago
I mean if the buyer purchase a radon test. Results failed. Buyer wants to purchase the house. However by law (Indiana) is the seller obligated to midigate the house
Real Estate Lawyer: Ray, Lawyer replied 11 months ago

Yes either mitigate the house and retest or you have right to terminate .Arguably the house is unsafe and unsalable otherwise and they would have to disclose it to future buyers.

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Customer reply replied 11 months ago
Can you please provide me with a link were is required by law to midigate. Just what you are saying
Real Estate Lawyer: Ray, Lawyer replied 11 months ago
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Real Estate Lawyer: Ray, Lawyer replied 11 months ago

ndiana’s Residential Real Estate Disclosure Law, Ind. Code §32-21-5-2 requires sellers of residential property to complete a standard form. The Residential Real Estate Sales Disclosure form is available online at the State Forms Center (enter form number 46234 in the search box or search for the form by name). You should also be able to request a copy from your county recorder. Real estate agents and real estate attorneys also have the form easily available.

Using this form, sellers need to tell potential buyers about material defects in the house structure and major systems, as well as any defects in the included appliances, that the seller knows about. Notice what this leaves out, namely any defects that the seller does not know about — an important distinction, because it means sellers don’t have to actually test or investigate for problems.

Once notified there is a problem they hqve to disclose and deal with it or you can terminate sale.Seller should pay for retest.

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