Legal Question in Real Estate Law in New York

closing on a home purchase

I have a suspicion that the homeowner is not aware or being honest in regards to a buried old oil tank. I found a feed line out to the yard & it stops about 10 feet from the back of the house. He currentlty has an above ground tank in the basement. The contract was as is for the house & he said he would have no problem singing a waiver to the possible buried or abandoned tank. I want to know if getting him to pay for it after the sale & singing the waiver is possible.

Thanks

Chris from NY


Asked on 4/13/07, 11:30 am

1 Answer from Attorneys
Robert R. Groezinger GroezingerLaw P.C.

Re: closing on a home purchase

Once the sale is over, the money usually ends.

You'd need to enforce the waiver in court if he refuses to honor damages casued by it.

Good Luck

RRG

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Answered on 4/13/07, 11:40 am


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