If you are in the process of purchasing a home and mold/mildew was noted in the inspection report, your agent or representative should have included an Addendum to the Purchase and Sales Contract addressing this issue. It would read like tis:
1. BUYER, at BUYERâ€™S expense, may have a qualified professional conduct an inspection of the
Property for mold within 20 days after date of acceptance of the Agreement (â€œMold Inspection
2. BUYER shall be responsible for prompt payment for such mold inspection and repair of damage to
and restoration of the Property resulting from such inspection.
3. If the mold inspection reveals the presence of mold in the Property which requires professional
removal or remediation, BUYER may terminate the Agreement by delivering written notice to
SELLER of such election no later than 48 hours after expiration of the Mold Inspection Period. If
BUYER timely terminates the Agreement, the deposit shall be immediately returned to BUYER
and BUYER and SELLER shall be released from further obligations under the Agreement, except
as provided in paragraph 2 above and in the Agreement.
4. If BUYER fails to conduct the mold inspection permitted in this Mold Inspection Addendum or, after
having conducted such inspection, fails to timely notify the SELLER of BUYERâ€™S intent to
terminate the Agreement, or if the mold inspection does not reveal the presence of mold in the
Property which requires professional removal or remediation, BUYER may not terminate the
Agreement pursuant to this Mold Inspection Addendum.
5. This Addendum does not obligate SELLER to incur any expense for mold removal or
I would suggest that you and your agent get two estimates for Cleanup/Remediation and then negotiate this amount with the seller.
With warm regards,
Home Buyer Magazine 2009, Five Star Realtor
Premier Property Certified
Vanguard Realty, Inc. GMAC Real Estate
Cell: (904) 955-8588
Fax: (904) 880-5138
Contract will state who pays and to what limit. There is good mold which is easy to treat and "bad" mold which is much harder.
O3 treatment can also help.
Should seller do the mitigation suggest you get your own inspector to inspect the work done (this will be at your cost) to assure the work was done right.
If you have a good real estate sales person helping you he/she can help you through all this.
And St. Lawrence makes a most important point, what caused this mold- it needs to be fixed.
Mold needs to be tested for how dangerous it is. Safe mold, that is Non Toxic Mold is easily treated. Toxic mold requires extensive protection of the rest of the environment (home)
In either case, mold comes from a water problem. You also need to fix THAT in order to eliminate any future problems.