Unless the buyer and seller have addressed this issue during negotiations the 3 of the common real estate contracts used in Central Florida provide the answer.
- FAR BAR AS Is: “utilities service shall be made available by the seller” line 101-102
- FAR BAR: “Seller shall...provide utilities service and access to the property for appraisal and inspections” line 264
- FAR: “Seller will provide access and utilities for buyer’s inspection” line 148-149
Unfortunately I am finding that agents are failing to address this issue with the buyer or seller during the negotiation period. This adds confusion to an already complex and time consuming short sale transaction. In some cases agents are being asked to take on the responsibility of turning on the utilities themselves which is not something I would recommend.
Make sure when purchasing or selling a home where the utilities are off you know going in who is responsible for turning them back on.
No comments:
Post a Comment