Legal Question in Real Estate Law in Florida
Omission of insurance from settlement statement
Original signed home sale contract has the seller paying $400 for the buyers home warrenty insurance. A month after the sale, the title company realizes they omitted this from the settlement statement (which all parties had signed). Is the seller still obligated to pay for the home warrenty? Thank you.
2 Answers from Attorneys
Re: Omission of insurance from settlement statement
The seller is obligated for items listed in the contract and completion of the contract. Have the title company notice him or his real estate agent of the omission Usually the RE Agent refers the insurance matter or his company has the program.
We would charge more thatn the item as any lawyer would so this is a DIY
Re: Omission of insurance from settlement statement
yes.