Legal Issues
The buyer’s remedy when the seller cannot convey good title
Paragraph 17(G) of the Agreement of Sale provides that if the seller is unable to give good and marketable title to the property, the buyer will be entitled to elect from the following remedies: 1) take such title as the seller can provide or 2) seek reimbursement of the deposit and “any costs incurred by buyer for any inspections or certifications obtained according to the terms of this agreement.”...
Jan. 25, 2017 • 5 min. read