Legal Question in Real Estate Law in New Jersey
real estate contract
Would a real estate contract be considered invalid if the seller's house does not (and did not at time of signing) meet health regulations,i.e. septic system is health hazard ?
Asked on 5/16/08, 6:10 pm
2 Answers from Attorneys
Savyon Grant
Law Office of Savy Grant
Re: real estate contract
You can require that the seller provide you with a certificate of occupancy. If they can not provide you do not hae to close.
Answered on 5/19/08, 12:24 pm
John Corbett
Corbett Law Firm LLC
Re: real estate contract
A well-drafted contract would provide that the buyer could avoid the contract if the septic system was defective. Additionally, the general import of a residential real property contract is that it be habitable at the time of sale.
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 5/16/08, 7:19 pm
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