Alta said:
I was just looking at the Texas Real Estate addendum and its wording leaves a lot to be desired. What box is most common to see checked as to who is liable with regard to damages (seller, buyer or buyer up to x amount)?
Thanks
It seems pretty cut-and-dry to me. If I am representing the seller, I would recommend the seller demand the buyer incur all costs associated with damage caused by a hydrostatic test.
These tests can be tremendously intrusive/damaging and leave the seller holding the bag when the buyer walks away during option. It is essentially there to protect the seller.
When I am representing a client - either seller or buyer - I would first recommend a scope. It is far less intrusive, and it would indicate whether anything further is needed.