Legal Question in Real Estate Law in Illinois

bought a house as is and since the contract signed 21/2 months ago the sellers have not kept up the house. at the final walk through mold was discovered that had not been there at the time we signed the contact to purchase. can we legally get out of the contract and recover our earnest money?


Asked on 8/01/15, 8:28 am

1 Answer from Attorneys
Henry Repay Law Offices of Henry Repay

Your closing attorney should interpret the contract. Usually, you would find language along the lines that the property will be in the same condition as on the date of contract acceptance. There may also be language that addresses damage to the real estate before closing. The latter provisions are typically aimed at storms, fire, ..., but may apply depending on the wording.

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Answered on 8/01/15, 10:46 am


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