Legal Question in Real Estate Law in Ohio

Septic Agreement after sale of property

I am purchasing the rental property I currently reside in. After the inspection of the septic tank and finding that it is not acceptable for the size of the apartments the current owner and myself have agreed to split the cost of the replacement on a 60/40 split. Current owner to pay 60% and I am to pay the 40%. This is a separate agreement between him and myself and the lending institution has no involvement in this agreement. My question is this: Are they any legal forms out there that I can use to have a signed agreement between the two parties? I want to ensure that I get my money soon after closing and I also to protect the seller from any unexpected costs incurred once replacement starts.


Asked on 1/13/04, 7:51 pm

1 Answer from Attorneys
J. Norman Stark J. Norman Stark , Attorney, Architect

Re: Septic Agreement after sale of property

Dear Owner, Thank you for your Email inquiry. There are no "standard" or "form contracts" available that will provide you all of the protection you require.

Please contact an experienced construction attorney to draft a simple but comprehensive agreement, acceptable to both parties, and containing provisions including insurance and workers' compensation coverage and guarantees required of the septic contractor, including payments by the parties, etc., to protect the rights and interests of both the property owner and tenant (renter).

You may feel free to see my website at Jnormanstark.com, and to contact me by 'phone at my Cleveland office to discuss briefly, at no obligation. Good luck. J. Norman Stark, Attorney and Registered Architect.

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Answered on 1/14/04, 7:01 am


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