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Updated over 5 years ago on . Most recent reply

User Stats

204
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81
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Jamie Brayton
  • Property Manager
  • Troy, NY
81
Votes |
204
Posts

Coronavirus contingency language

Jamie Brayton
  • Property Manager
  • Troy, NY
Posted

I'd like to make an offer on a property we already toured, but in these uncertain times I'd like an extra layer of protection. I expect that if we get this under contract, it could be weeks before an appraiser or an inspector come out. If we can't close for months (entirely possible), many things could change during that period. 

Has anyone drafted language around a COVID-19 contingency? I'm essentially asking for the ability to back out for any reason due to the complete uncertainty of the times.  I have no intention of doing so, but it feels important to have the protection in place. 

  • Jamie Brayton

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