Sptringpoin Inc Nick

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Sptringpoin Inc Nick,  in Newburyport
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Buyer responsible for Title 5?

Sptringpoin Inc Nick answered:
The owner is responsible for title five. A purchaser should be very cautious and insist upon an approved board of health plan and installed prior to taking title unless there is a back out clause.. because, if the condirtions in the soils turn up differeant then the plan (and this does happen) you could end up losing value in the property. ex plan calls for 4 bedrooms , soils will only allow 2 bedrooms or worse a tight tank!
Nick - Thu Apr 17 2008, 05:26

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