New Bank Disclaimer Chinese drywall may not have made its way to Minnesota yet — but Chinese dry wall disclosures have. I’m currently representing a Buyer interested in a bank-owned property where, in addition to the usual “As Is” disclaimers, there’s a separate disclaimer addressing Chinese drywall. If you didn’t know, tainted Chinese drywall has...Read More
No Free Lunch Selling “As Is” is a popular choice for banks, estates and other third parties who don’t know the condition of a property (because they haven’t lived in it), and don’t want to be responsible for any repairs. Occasionally, however, “owner-occupant” sellers — especially ones with deferred maintenance — view selling “as is”...Read More
