Question
Susan and Ben contract to buy a three-bedroom house with no garage. the title search reveals neighborhood restrictive covenants that require a 20-foot setback from
Susan and Ben contract to buy a three-bedroom house with no garage. the title search reveals neighborhood restrictive covenants that require a 20-foot setback from the side property lines. a survey indicates that the house is 20.2 feet from one sideline and 30.8 feet from the other sideline. nevertheless, Susan and Ben notify the seller that they are terminating the contract, stating that the restrictive covenants render title unmarketable. they claim they planned to add a garage to the house, and the 20-foot setback does not allow sufficient room. what result if:
- The contract requires the seller to convey "good and clear record title"?
- The contract says nothing at all about title
- The contract requires the seller to submit to the buyer a "title report satisfactory to the buyer's attorney"?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started