Can a seller be charged twice for one repair?

[donbahn]

I am the seller in a standard Realtor Contract of Sale with a FHA Financing Supplemental Agreement in the state of Oklahoma. The contract has a section concerning emp (electrical, mechanical, and plumbing) requirements. It states that if repairs are required the seller shall pay $1000.00 toward the repairs. In the FHA Supplemental Agreement it states that if repairs are required the seller will pay up to $1000.00 for these repairs. The EMP inspection required a new heat and air system. The FHA inspection required a new heat and air system. How much am I, the seller, required to pay? The closing company says $2000. I say $1000 and paying twice for the same repair is "double dipping" and that I should be able to cure the requirement with either the emp or the FHA requirement thereby eliminating the other requirement. Please give me your opinion. Thank you.

 

[Tracey]

Your interpretation of the 2 contracts sounds correct to me, but call a real estate lawyer in your state to double check.

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This is not legal advice and you are not my client. Double check everything with your own attorney and your state's laws.