ASK ELLIOTT #37: What to do when an earthquake occurs before closing?

Elliott will answer any questions that you may have about the laws, rules or code of ethics. He never will divulge specifics of your name or company. Some questions will be posted here. Email your questions to askelliott@caplanschool.com.

A friend of mine down San Diego way made an offer on a condo. Counter offer was made, everyone agreed on the deal. Loans in place.

On the way to the closing, a 5.9 magnitude earthquake struck. Is the seller under obligation to disclose any resulting damage?

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