Responding to a Breach of Purchase Agreement
We receive many inquiries from real estate agents, sellers and buyers when a seller or buyer refuses to close on the real estate transaction, and the other party is left to deal with the consequences. Since real estate agents spend considerable time and money to sell properties for their sellers and to find properties for […]
Homeowners Warranty Amendment Provides Contractors Right To Repair
Governor Pawlenty has just signed the “Right to Repair” amendment into law with an effective date of August 1, 2006. This amendment to the Minnesota homeowner’s warranty statute will require the owner to allow the vendor (i.e. builder or home improvement contractor) an opportunity to inspect the property and offer to repair the known loss […]