Register
HOME
FORUMS
DOWNLOADS
EVENTS
Library
HELP
Search Options
Search Everything
Search REIN™ Members Only
Home
»
Members-Only Discussion
»
selling half a duplex how does it work with common items : roof - cladding ....
Tweet
selling half a duplex how does it work with common items : roof - cladding ....
rated by 0 users
This post has
8 Replies |
2
Followers
brendaco
Group:
REIN™ Members
Posts:
10
Joined:
9 Mar 2009
From:
ottawa
15 May 2012 1:52 AM
Post
#1
Share
selling half a duplex how does it work with common items : roof - cladding ....
Hello
I'm selling half a duplex and got an offer in. The buyer wants to include a clause in the agreement for purchase and sale that when the roof needs to be changed that each owner (I'm still owner of the other side) will be resposible for 50% of the cost.
I do have some concerns. How do you put this exactly in writing and should I put this in the agreement of sale. A simple clause in the Agreement of purchase and sale doesn't seems to cover enough (to my opinion). Like who decides when a new roof is needed , what if the other side wants to upgrade to a metal roof etc.... What if his roof leaks and mine is still ok? What if they are negligent and don't maintain.
Any suggestions
Thank you for your input and have a nice day
brenda
Share on Social Networks
Close
Options
Subscribe via RSS
Share this
Details
8
Replies
2
Subscribers
371
days old
Tweet