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Real Estate Q&A

The buyer now wants out of the contract to buy my home.

Additional Information: The contract has been signed by both parties. What are my rights, and do I have to keep my home? ATTORNEY ANSWER: If you signed the typical Massachusetts Purchase and Sale Agreement your remedy is to keep the deposit. Most contracts specify that the loss of the deposit is Sellers sole and exclusive remedy.  If such language is not contained in the Purchase and Sale Agreement you may be able to not only

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I signed a P & S for a condo in Brookline and now I’ve changed my mind. How do I cancel?

ATTORNEY ANSWER: You may not be able to cancel depending upon the contract language.  If you changed your mind the day after signing it might be wise to reach out to seller with an honest appeal – you might get out of the deal without losing very much. If you walk away on the eve of closing you will likely lose your deposit. Depending upon what contingencies are in the P&S Agreement you may have

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Seller did not provide Lead Paint notification, can we renegotiate a lower price?

Additional Information: We are buying a house and the seller did not provide the Property Transfer Lead Paint Notification form before signing the P&S- a clear violation of MA law and Fed law.  Can this be used as a negotiating point to lower the sale price? ATTORNEY ANSWER: How far along in the process are you?  If I represented the Seller in such a case I would tender the Notification form late, (brokers usually handle

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How do we file a claim with our condos Master Insurance when the original land owner still holds the trust?

Additional Information: We bought a unit in a new construction of 4 units. Three units have been sold and occupied for at least a year, including ours. The last unit just passed papers recently.  The original owner of the land holds the trust as well as the Master Insurance Policy, but has never created a bank account or reserve account for the Association nor has he handed-off the association as he was waiting for all

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There is no right of first refusal in our condo docs.

Additional Information: I live in a 2 unit condominium complex where the owners of the other unit are going to be selling their unit in the near future. There currently isn’t a right of first refusal in the condo docs and the other owners and I are not on the best of terms and have stated that they would not sell the unit to me. They also have said that they do not want to

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Can I draft a deed myself or does Massachusetts law require an attorney to draft it?

Additional Information: My wife and I would like to transfer partial ownership of our home to our daughter so that she becomes an owner with rights of survivorship. My question is, can we do this transfer on our own without an attorney or does Massachusetts law require us to have an attorney draft the deed? ATTORNEY ANSWER: Massachusetts law does not require deeds to be prepared by attorneys.  Just as individuals can represent themselves in

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My upstairs neighbor’s renovations caused damage to my unit. What legal steps should I take?

Additional Information: My upstairs neighbor had a contractor do some renovations a few months ago. 3 months later it caused water damage to my unit and the common area. Their insurance co. does not hold them responsible for the damages and will not cover the cost to repair my unit or the common area. What legal steps should I take? ATTORNEY ANSWER: Your first move should be to contact the Trustees of the condominium association

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The sellers did not complete the work they agreed to and now refuse to return our deposit money. What are my legal rights?

ADDITIONAL INFORMATION: What are allowable damages for real estate misrepresentation under Massachusetts law? We signed a P & S with the sellers which had multiple items that were supposed to be completed by the seller prior to closing. They did not complete the work and now refuse to return our deposit money.  What are my legal rights? ATTORNEY ANSWER: The situation described is a breach of contract on the part of the Seller.  In such

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