Q: As the purchaser of a single-family home, can we hold the seller responsible for issues found after we move in?
We are concerned that we will find significant issues with the home after we move it but don't plan to move in for a couple years when we down-size our home.
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- New York
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A: Not sure what the law is in Virginia, but generally no (especially in New York). A "Closing" means that the matters are closed. Unless the Sellers affirmatively concealed a defect, which is extremely difficult to prove. Do your due diligence NOW.
Tim Akpinar agrees with this answer
A:
The New York State mandatory real property disclosure form you received before you went to contract will hold the former owner accountable for false material reports about the condition of the property.
https://dos.ny.gov/system/files/documents/2023/06/dos-1614-f-property-condition-disclosure-statement_06.2023.pdf
Your Closing attorney should help you with the post-closing discovery of fraud.
Tim Akpinar agrees with this answer
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