Asked by John Chuang
Hi again,
As a property buyer, let's say I visit an existing resale property with an agent (e.g. HDB flat, private condo) and I really like the place and am keen to purchase it from the owners, but there are some outstanding flaws or defects (e.g. windows unable to be closed completely, cabinet doors unable to be locked and the keys are missing, aircon filters have not been changed for more than 1 year etc).
Can I request that the existing owners of that property rectify such flaws or defects first on their own (i.e. forking out the required $$ from their own pockets), before i proceed with the actual purchase?
What is the usual practice for such situations?
And is it just a verbal agreement with the existing owners, or must it be put down in writing as part of the contract?
Looking forward to your replies on this. Thank you.
Regards,
John Chuang
As a property buyer, let's say I visit an existing resale property with an agent (e.g. HDB flat, private condo) and I really like the place and am keen to purchase it from the owners, but there are some outstanding flaws or defects (e.g. windows unable to be closed completely, cabinet doors unable to be locked and the keys are missing, aircon filters have not been changed for more than 1 year etc).
Can I request that the existing owners of that property rectify such flaws or defects first on their own (i.e. forking out the required $$ from their own pockets), before i proceed with the actual purchase?
What is the usual practice for such situations?
And is it just a verbal agreement with the existing owners, or must it be put down in writing as part of the contract?
Looking forward to your replies on this. Thank you.
Regards,
John Chuang
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