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John A. Weeks III John A. Weeks III is offline
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Default Condo is not good. Can I move out?

In article . com,
wrote:

I purchased a condo about two months ago and my experience has not been
good. My golf clubs were stolen from my car in the parking lot, the
walls are paper thin, and planes fly overhead.

I thought I read somwhere that condo owners are protected for 90 days
from purchase in case of a breach or something and can actually back
out of the deal. Is this true or am I imagining things?

Do I have any options or am I stuck here? I could sell but it would be
at a loss.


Once you close, it is pretty much your baby. If this was a pre-
construction unit, you could back out up to the point of closing,
but that (a) has to be in the contract, and (b) you still lose
a lot of money when you forefit your deposit.

BTW, having a 3rd party steal your golf clubs is not any kind
of breach of contract between you and the previous owner. The
problem would have to be something material, like the building
foundation was cracked or the roof was bad. But even then,
you should have had an inspection and walk-through to catch
that kind of thing.

-john-

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