sitedrifter
Member
What is the name of your state? NJ
I purchased a house with a signed agreement (at intial contract signing and numerous other times as there were addendums) for the seller to remove the oil tank. Seller agreed to remove it but was not ale to until after our closing. This was becuase the tank abatement company he is hiring had a 4-6 week lead time. (this was a 30 day closing mind you). The latest signed agreement at the closing was,
1. seller removes the tank within 60 days
2. seller is repsonsible for removal costs including all remediation costs above the $1200 escrowed
3. If not done is 60 days, I can have it removed and get money from the escrow held on this but the seller is still responsible for excessive charges over $1200
Problem is, I think the seller is not going to do it (for reasons too numerous to get into now) so I want to know if I can get it done which would accelerate the process, but I want to make sure that if I do it, the part of the agreement about excessive costs above $1200 they are still responsible for.
I want to accelerate it becuase the gas company will not install gas until the tank is removed and if I wait the 60 days, it will be another 30 before I can get it done and 45 or so before the gas gets put in which puts me in October/November... NOT GOOD
Thanks
Site
I purchased a house with a signed agreement (at intial contract signing and numerous other times as there were addendums) for the seller to remove the oil tank. Seller agreed to remove it but was not ale to until after our closing. This was becuase the tank abatement company he is hiring had a 4-6 week lead time. (this was a 30 day closing mind you). The latest signed agreement at the closing was,
1. seller removes the tank within 60 days
2. seller is repsonsible for removal costs including all remediation costs above the $1200 escrowed
3. If not done is 60 days, I can have it removed and get money from the escrow held on this but the seller is still responsible for excessive charges over $1200
Problem is, I think the seller is not going to do it (for reasons too numerous to get into now) so I want to know if I can get it done which would accelerate the process, but I want to make sure that if I do it, the part of the agreement about excessive costs above $1200 they are still responsible for.
I want to accelerate it becuase the gas company will not install gas until the tank is removed and if I wait the 60 days, it will be another 30 before I can get it done and 45 or so before the gas gets put in which puts me in October/November... NOT GOOD
Thanks
Site