ksanders
Moderator Emeritus
- Joined
- Feb 24, 2011
- Messages
- 6,731
- Location
- Mexico - USA
- Vessel Name
- DOS PECES
- Vessel Make
- BAYLINER 4788
No, the seller reports that he thinks the issue is fixed.The buyer is not trying to claw back something that was missed on a survey, the typical scenario. In this case, the buyer found the issue and presented it as something that needed to be fixed prior to acceptance. The seller chose to undertake repairs himself and represented it as fixed.
Does the seller bear no responsibility for claiming the issue was fixed and it was not? This isn't something that broke again a month later - clearly it wasn't fixed in the first place (boat closed 4-days before)
Peter
The buyer then verifies that any repairs have been completed to their satisfaction.
After that, the buyer signs off on the contact and initiates a wire transfer of funds to the escrow agent.