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Updated about 10 years ago on .

User Stats

685
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334
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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
334
Votes |
685
Posts

Question: 'As Is' Sale in SoCal

David Avetisyan
  • Rental Property Investor
  • Glendale, CA
Posted

My question is as follows:

On an 'As is' sale in SoCal, who is responsible for the Certificate of Occupancy?

I would like to believe, even if it's an 'As is' sale, the seller should be responsible for making sure that prior to transferring title the property is clear of issues? 

I know the city sends an employee who will complete the inspection. For arguendo, let's assume a clause was never inserted by either party regarding a COA, and the city requests for minor modifications, what could legally happen?

- Further negotiating between the seller and buyer, with a possible cancel in contract and return of EMD?

- Is the sale null and void because it was really no ones responsibility for the repairs, and although it was an 'as is' sale, with the city issues lingering, no true sale could occur?

- Buyer is left to perform regardless?

Thoughts?