Who Pays for Edmonton Property Damage After Offer Acceptance?
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Who Pays for Edmonton Property Damage After Your Offer is Accepted?
You've found your dream home in Edmonton, negotiated a fair price, and celebrated when your offer was accepted. Then disaster strikes—a hailstorm damages the roof, or a pipe bursts flooding the basement. Who's responsible for fixing the damage and covering the costs?
This scenario creates confusion for many homebuyers and sellers. The period between offer acceptance and possession day can span weeks or even months, leaving plenty of time for unexpected damage to occur. Understanding who bears responsibility during this critical window can save you thousands of dollars and prevent legal headaches.
The answer isn't always straightforward, but Edmonton real estate law provides clear…
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