Failure to disclose, amendments to executed contracts

ask george & chuck

Failure to disclose, amendments to executed contracts

 

Dear George: I have an executed contract on a property where I am the buyer. The seller sent me an amendment that states he would like to retain mineral rights. I declined to sign amendment; this contract is already excuted. Are we going to be able to close? I say the mineral rights convey with the home when it is sold.

Answer: The seller is obligated to live with the deal he signed. You are not required to sign the amendment. You should still be able to close.

Dear George: Five weeks after we moved into our home, my wife and I discovered five ceiling leaks. It looks like the ceilings had been repaired, and our new neighbors told us that the prior owner made several roof repairs. Our seller's disclosure notice contains no mention of any roof problems or repairs. Through her agent, the seller admitted that she'd had the roof and ceiling leaks fixed prior to listing the house and didn't feel the need to disclose this fact. We paid a contractor to fix the roof, and it wasn't cheap. We never would've purchased the house had we known about the roof and leaks. How can we get the seller to reimburse us for our expenses? She claims that it's not her problem.

Answer: The seller should've disclosed the previous roof leaks, but it's very difficult to prove that she chose to misrepresent the facts about her roof. However, failure to disclose a material fact is wrong and can result in litigation. You can represent yourself before a justice of the peace if the damages you seek are less than $10,000, or you can hire a lawyer. Either way, you'll need a copy of your seller's disclosure and your contract.

  E-mail your question to "Ask George & Chuck" or fax it to 281/596-7591. The answers to questions in this column do not contain legal advice. If you wish to obtain legal advice, you should consult your own attorney.  

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George Stephens, CRB, is the broker of ERA Stephens Properties. He is licensed as a mortgage broker in Texas and a real estate broker in Texas, Georgia, and Massachusetts.

Charles J. Jacobus, JD, is board certified by the Texas Board of Legal Specialization in Residential and Commercial Real Estate Law, and the author of Texas Real Estate Law and Texas Real Estate, both published by Thomson Publishing. He also teaches at Champions School of Real Estate and Houston Community College, and is an adjunct professor at the University of Houston Law Center.

George and Chuck are co-authors of Texas Real Estate Brokerage and Law of Agency published by Thomson Publishing.