RECENT ARTICLES
What To Do If Rental Damaged In Storm
Question: We have been renting a home in Surprise. Due to damage from a severe monsoon storm ten days ago, we have not been able to get back into the home. The landlord says that we may not be able to get back into the home for another three months. We are currently staying in a small apartment with my sister and her husband, and we have moved our furniture into storage. Our landlord has our $2,000 security deposit. What do we do now with our landlord? Answer: When a monsoon, fire, or other disaster “substantially” damages a rental home, A.R.S. § 33-1366 states that a tenant can immediately move out of the rental home. Within fourteen days after moving out, the tenant must notify the landlord in writing that the tenant wants to terminate the lease. The lease will then terminate as of the date of moving out by…
Read More >>
Buyer Can Waive If Seller Refuses Home Inspection
Question: We signed a purchase contract with the seller to buy a Glendale home for $450,000, and then deposited $10,000 earnest money with the escrow company. We were very excited, because not only were we having difficulty purchasing any home, this home was probably worth at least $500,000. Three days later our Realtor tried to schedule our 10-day inspection, but the seller’s agent said that the sellers were very unhappy about the $450,000 purchase price, and that unless we raised the purchase price to $480,000, they would not allow us to do the 10-day inspection. Our real estate agent said that the seller is in breach of the AAR Purchase Contract, and that we can go to court and the court will order a 10-day inspection. Otherwise, our real estate sales agent says that, unless we agree to pay the seller’s “new” purchase price of $480,000, we should just cancel…
Read More >>
Sign up to stay in touch!
Sign up to get Arizona Republic articles written by Chris Combs and other real estate news delivered to your inbox.