Asked by Marianne, Los Angeles, CA • Fri May 6, 2011
I'm buying a 2BR condo in Sherman Oaks. Closing is this month.
The Seller -- who is also a RE Agent and is the Selling Agent -- bought the apt at a Trustee Sale. He claims he doesn't have all the keys to the building or any remotes to the garage for the 2 parking spaces that come with the apt.
Seller said he doesn't want to bother with obtaining them -- probably from the HOA -- and he doesn't want to pay for them.
We're probably not talking a lot of $$ here, but to me it's the principle.
It's a flip, and he's making an easy $50K profit here. But even if he were making only 50 cents, shouldn't the Seller provide the Buyer at HIS expense with ALL keys and ALL remotes consistent with a 2BR apt?
Shouldn't these keys and remotes be submitted to the Buyer's Agent or Buyer at Closing? If not, when?
Who should hunt down the keys and remotes? Who should pay? Should there be TWO sets for a 2BR?
What is the protocol? What is common practice? Is it in the contract somewhere?
Real Estate in Los Angeles
Popular Categories in Los Angeles
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!