Apr 30 2017, 05:45 PM
QUOTE(Jinglexo @ Mar 13 2017, 05:22 AM)
Before signing SPA , can include a clause like there is no faulty, damage or any leakage on the property facilities?
I mean like to protect buyer interest? Is there such thing?
Some sellers are too cunning where in some case they hide out the condo facilities problem and the buyer suffer big loss on repairing and maintenance.
Please advice.
Just met a lawyer today for other things but we got into this topicI mean like to protect buyer interest? Is there such thing?
Some sellers are too cunning where in some case they hide out the condo facilities problem and the buyer suffer big loss on repairing and maintenance.
Please advice.
Once the buyer signs the S&P he fully accepts that he has seen, assessed, and agree the conditions of the property - save for major things like a HUGE crack, or the building dips by about 2cm from original conditions during the transaction..
So based on my understanding, no you are buying the house as-is. You can't complain nor is there any warranty on the property and its accessories
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