Posted by dealmaker on February 16, 2006 at 07:28:14:
My OPINION is that NO ONE has any liability until a court of COMPETENT JURISDICTION says you do. That said; are you also the lender on this deal? Is is something that’s easily (cheaply) remedied? Could not remedying it cause you a PR problem down the road?
Although, with disclaimers and inspections in place, regardless of answers to the above, I’d probably tell the buyer to pound sand.
dealmaker
liability - Posted by mike melton
Posted by mike melton on February 15, 2006 at 20:16:28:
Do we, sellers, have any liability to purchaser (9 months after sale) for a problem they now have with house. Disclaimer notice was signed at sale and inspection was done by professional.
thank you
Re: liability - Posted by Bill H
Posted by Bill H on February 16, 2006 at 17:25:58:
I agree with Dealmaker…UNLESS…the defect or problem is a defect that you knew about, did not disclose, hid, etc…if none of these exist…IMHO your responsibility probably is limited.
However, bear in mind that the courts look at it that you as the owner selling have the most knowledge about the conditions and defects…and…a lenient liberal judge may rule against you.
Good Luck,
Bill H