QUOTE(yiyi87 @ Apr 13 2017, 04:05 PM)
I just got VP/keys to a subsale unit my husband and I bought, we noticed the toilet wall was hacked and piping were exposed.
We asked the vendor regarding this and he said he had to fix the leakage before we move in, however where the wall is hacked, the holes were left unpatched
He has verbally agreed to pay for the cost to fix
Since we actually planned to renovate the whole toilet, how can we claim for the damage?
can we invoke the relevant clauses under the SPA and charge the vendor unilaterally? Do we need a quotation to charge the vendor?
he might agree verbally, but when we made known to him the amount (checked with few contractors), he didn't respond to our message
Please advise.
We asked the vendor regarding this and he said he had to fix the leakage before we move in, however where the wall is hacked, the holes were left unpatched
He has verbally agreed to pay for the cost to fix
Since we actually planned to renovate the whole toilet, how can we claim for the damage?
can we invoke the relevant clauses under the SPA and charge the vendor unilaterally? Do we need a quotation to charge the vendor?
he might agree verbally, but when we made known to him the amount (checked with few contractors), he didn't respond to our message
Please advise.
QUOTE(yiyi87 @ Apr 14 2017, 12:11 AM)
no the defect it wasn't there
how can we ask for compensation? what is the normal practice?
request a sum deemed reasonable for us?
Questions:how can we ask for compensation? what is the normal practice?
request a sum deemed reasonable for us?
1. are both of you represented separately by different solicitors or just the same one?
2. check if the agreement states the sale is on an "as is where is basis" or not, if yes then you are eff'd.
3. if the agreement states that the sale is "as at the date of inspection" then probably the solicitors have the authority to retain the Balance Purchase Price but if the Vendor disputes then it is your obligation to prove what was the condition during inspection.
4. if at all parties are mutual, you can only claim the costs for rectifying the toilet back to its original state and not the costs of your desired "renovation".
5. don't text, have the solicitors put in writing (whether the vendor has verbally agreed to remunerate or not).
6. if you want to play by the books, you need to get a quotation from a few contractors and then pass it to the vendor, he has the right to choose which one he/she prefers but of course, the quality must be reasonable, as the purchaser, you cannot incur costs unnecessarily and then bill the vendor.
Apr 14 2017, 10:04 AM

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