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  • Events
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    • Golf Tournament
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    • Membership Meetings
    • Circle of Excellence Awards
    • Toy Trot 5K
  • REALTORS®
    • New REALTOR® Membership
    • 2021 Dues Information
    • REALTOR® Benefits
    • Code of Ethics >
      • NAR Expands Ethics Duty
    • Clients >
      • Find A REALTOR®
      • Property Ownership
    • Committees
    • Education
    • Fair Housing
    • Advocacy
    • Community Service
    • REALTOR Awards
    • Checkout
  • 2021 Partners & Affiliates
    • Partners and COVID-19
    • Partner & Affiliate Membership
    • Additional Partner Opportunities
  • Contact Us
  • WBBOR Blog
  • By-Laws / Policies
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  • 2021 Board

Working together to promote homeownership
in our community...
https://homeownershipmatters.realtor/...
...​From city hall to the U.S. Capitol, REALTORS® are actively involved in a wide range of issues related to the health and well-being of the communities where they work and live. Through their membership in the National Association of REALTORS®, they are a powerful voice in support of the dream of homeownership and work to build strong communities and a vibrant business environment that benefits everyone.
FIND OUT MORE AT https://homeownershipmatters.realtor/

Legal Hotline...member benefit at GAR

8/20/2019

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Legal Lines: Substantial Property Damage
Question: I have a buyer that was under contract when a pipe burst in the kitchen and flooded the kitchen, the garage, under the kitchen, and the living room. Water has caved in the ceiling to the garage and seeped in the walls. My buyer does not want to purchase the home anymore, so we terminated the contract. The GAR Purchase and Sales agreement states that the buyer is allowed to terminate the contact without penalty if there is damage to the home. The seller is saying that it is not substantial damage and he does not agree that the buyer should get her earnest money back. Please give me your opinion on this situation.

Click here to read the entire question and the answer.
 Answers to these questions are provided by GAR General Counsel, Seth Weissman. Questions and answers are edited for brevity and clarity. Click here to learn more about our Legal Helpline or to submit a question.
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