<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by mala:
I am building a new construction home in New Jersey. The house is finished. But there are lots of defects with the house. The builder refused to do the repire work and refused to write down most of the problems on the walkthrough list. Now the builder wants me to close the house. Will I breach the purchase contract If I refuse to close the house unless the builder finish the repire work? If I walk out off the close because the builder refuse to put all the defects on the punch list, will I breach the contract? Thank you.
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My response:
Talk to the builder and ask if he's willing to enter into binding arbitration through the American Arbitration Association. This matter would be perfect for arbitration. It's cheap and quick. The builder probably thinks you're being too picky, and you're thinking he builds houses like crap. An arbitrator would be able to get through the hype and furry, in very short order.
Good luck to you.
IAAL
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