JCMSr |
07-16-2020 01:19 PM |
Quote:
Originally Posted by Topspinmo
(Post 1804121)
CYVs have concrete walls separation in back and drain in backyards with easements off the wall. Very few properties after years are in Total compliance Due to several owners have induced something. IMO before any house is sold in deed restricted community a compliance inspect should be done so the new owners not stuck with out of compliance discrepancies previous owners have done.
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I agree with your comments however who do you think should be responsible for the cost of this additional inspection (obviously it would not be free)? Buyers could make this a condition of the purchase agreement but if the Seller chooses not to accept such conditions the agreement would be void. Most agents actually are working for the Seller and are not obligated to promote such conditions on behalf of the Buyers. Buyers frequently purchase real estate without obtaining surveys and without conducting a professional property inspections. How many do you think would be willing to add an additional expense to their closing costs? Plus, who would be responsible for bringing the property into compliance if violations are reported?
I have seen many applications submitted to the ARC wherein the property owner states that the conditions were "existing when we bought the property". Unfortunately if it is a rules violation it does not matter when the work was done, who authorized it or how long it has been there.
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