what is a notice to cure?

Wildbill88
Home Buyer
Denver, CO

I am working on buying a house and my Realtor tells me they have a notice to cure.

Answers (1)
J. David Ryan
Agent
New Orleans, LA
FIRST ANSWER

WildBill - I will answer in general terms. A Notice to Cure means that a notice has been served to correct a problem. This can range from mortgage, taxes to something wrong with the structure on the property itself. In terms of rental it may be a Landlord serving notice to a tenant that has put up a dish when not allowed. So type of notice have been given to cure (fix) a problem.

I will say this, as I do not know you or your Realtor, but if I have to take a term to my Buyer, I always make sure I know how to explain it. Just food for thought.

Tue May 26 2009, 13:15

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback