A buyer might assume that after entering into a contract to purchase a home that all negotiations are to be conducted in “good faith” Well that assumption would be incorrect. Does a seller have an obligation to negotiate repairs or improvements during the negotiations involving a home inspection?
What is a seller’s “obligation” to negotiate repairs or improvements during the negotiation period of the inspection contingency in the Pennsylvania Association Of Realtors(PAR) standard Agreement Of Sale?
James L. Goldsmith, general counsel to PAR discusses the theory of “good faith” inspection negotiations.
Wallingford PA Real Estate – Wallingford, PA 19086
