It depends. If it is an offer for less than the full asking price, you can accept other offers. If it is an offer with conditions, then you can accept other offers. However, if it is a full price offer with no conditions, then you may not. If you are under contract, you may not.
Your realtor is correct. A seller of residential real estate has a legal duty to disclose all known defects to potential buyers. The NJ Supreme Court has expressly ruled that caveat emptor (let the buyer beware) is not the law of this state and that there is an affirmative duty to disclose known...Read more »
I taker the realtor told a true fact, but you did not want this fact disclosed. As a general proposition, if you instruct your agent not to disclose prior offers, then they may not do so. However, if someone was going to "lowball" an offer and you had previously rejected such an offer,...Read more »
It depends on what the contract states. If the Seller was required to hire registered contractors to perform the work, the Seller should be made to prove that he or she did so. However, if the repair demands simply demanded repairs without specifying who was to perform them, then likely not.
While a minor can enter into a contract, the terms of the contract cannot be enforced against the minor. After the minor attains the age of majority, the minor can "affirm" the contract. However, the minor may also choose to repudiate the contract.
There are not a lot of facts in your post to work with. However, as a general rule, bait and switch tactics are expressly prohibited by the New Jersey Consumer Fraud Act and would subject the seller to treble damages and payment of the plaintiff's attorney fees.
I am assuming that you are speaking of real estate. If you are tenants in common, then you are both responsible for required repairs and upkeep. However, you are not required to contribute to improvements above and beyond basic repairs.
One would have to review the service agreement. Technically, it may be a home improvement subject to the consumer fraud act, which requires that all contracts be in writing and that they state the full price of the repairs or improvements to be made.
We already have a contract signed by us both. I gave them 25k off the selling price
for any repairs. Now they want a new roof. Nothing wrong with roof. No leaks or dried up. If I don't give them 15k they will pull out. My house was off the market 2 months while they got their loans... Read more »
It depends on what your contract states. If the contract permitted the buyer to make inspections and demand repairs, then they are entitled to make such demands. You may, on the other hand, make the repairs yourself in which case they could not cancel.
There is not enough information here. If it is your creditor, then the lien attaches to the property and if you sell your interest, then the lien must b paid and if you convey without any consideration, then the person receiving the interest also receives the lien or the creditor may be able to set...Read more »
There is no hard and fast rule for how long it will take to settle - or even that it will ever settle. Each case is different. As a general rule of thumb, if it is going to settle early, settlement will come right after class certification by the court.
I have a TRO for harassment against a tenant who was illegally subleasing rooms..the state is involved along with the township. She filed an ejectment which was dismissed. Her attorney claims they have filed for another ejectment. Is that possible and what is my recourse. We all are going to... Read more »
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