Legal Question in Real Estate Law in Minnesota
Homeowner deceived by Realtor and Home Inspector
Do I have any recourse for the following deception? 1 year & 1 month after purchasing my home, the electric box had to be replaced due to moisture damage from improper routing of water lines in the basement. I paid for an inspection prior to buying the house. I was not made of aware of any code violations, nor were any reported. After the electric box was replaced, the city electrical inspector did an inspection of the work done; they proceeded to cite the electrical contractor with 3 code violations. These problem areas were in place prior to my purchase of the home. I paid for an inspection of this home to be assured that what I was buying was safe. I was completely deceived by my realtor & the home inspector by not having these issues resolved prior to purchasing. This has cost me a lot of money so far, & now I am supposed to pay for the cost of rectifying the following code violations: 1) The AC line is above the electric panel & needs to be rerouted; 2) A plastic water line is above the electric panel and needs to be rerouted; and 3)The copper water line with the shut off valve is out in front of the panel, hanging below the floor joists. It needs to be raised so that it is up in the floor joist cavity and secured.
1 Answer from Attorneys
Re: Homeowner deceived by Realtor and Home Inspector
There is a statute about the homeowner's and realtor's disclosure obligations, and I cannot tell on these facts if the statute was violated or not. For any claims you may have or make, you should check your contracts. Frequently, these claims require binding arbitration and have different statutes of limitations than is the norm.
MY STANDARD DISCLAIMER: This is not intended to be legal advice or to create an attorney-client relationship. No such relationship is intended unless and until a retainer agreement is signed.