Buyer can ask Seller to fix things that are broken, constitute a current threat to health or safety or are not performing the function for which the item is intended. An item or appliance that is very old in age may not be part of the inspection contingency as long as it is performing the function for which it is intended. It is crucial for Buyers to be aware of this standard so they can determine if they still want to place an offer on the property fully knowing that the Property has a very old HVAC system or very old roof. Sometimes motivated Sellers may be willing to extend credits to compensate for these items. However, the Contract does not require Sellers to fix or replace these old, yet functioning items.
Category:
Real Estate Attorney