Legal Question in Civil Litigation in Florida
Non complaint agreement
A buyer has two years to pay the property he purchased from me. He has two years to check and survey the property. I want to make a ''non complaint agreement'' about anything concerning the property after final payment at the en d of the two years.
Is it legal??
1 Answer from Attorneys
Re: Non complaint agreement
I'm not too clear on the facts. But, I think what you mean is that you want to have an agreement that confirms that the property was purchased in "as is" condition and that the seller is releasing you from any and all claims or liability in connection with anything related to the property or buyer's purchase of the property. You should have done this when the buyer first agreed to purchase the property. There is nothing illegal about the buyer and seller agreeing that nothing is wrong with the property, that the buyer has resided in and performed an exhaustive inspection of the property, and that the buyer accepts the property in "as is" condition. Go for it, but seek the advice of counsel in connection with the preparation of the agreement, especially if its a commercial property. Playing the role of lawyer for yourself can turn out to be a costly mistake later in time in a real estate deal. Good luck.