District of Columbia Response to Notice of Title Defect by Seller to Buyer in Response to Notice

State:
Multi-State
Control #:
US-OG-607
Format:
Word; 
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Description

This is a form of a Response to a Notice of Title Defect (by Seller to Buyer in Response to Notice).

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FAQ

(1) The buyer may revoke his acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to him if he has accepted it (a) On the reasonable assumption that its nonconformity would be cured and it has not been seasonably cured; or (b) Without discovery of such nonconformity if his ...

A buyer who knowingly accepts defective goods or fails to timely revoke acceptance once the defect was discovered (but who gave the seller timely notice of the defect) can sue the seller for damages for the difference between: 1) the value of what the buyer should have received under the K; 2) the value of what the ...

Buyer's Rejection A rejection must occur within a reasonable time after the delivery of the goods. The buyer must promptly notify the seller of the rejection. The buyer must give the seller an opportunity to correct the problem with the goods. The rejection must occur before the buyer accepts the goods.

A "sale" consists in the passing of title from the seller to the buyer for a price (Section 2-401). A "present sale" means a sale which is accomplished by the making of the contract.

When the buyer rejects goods due to nonconformity with the underlying contract, what happens to title? It automatically reverts to the seller.

A buyer who rightfully rejects nonconforming goods may obtain cover or cancel the contact, but may not seek damages. A warranty of good title means that a seller warrants that he or she has valid title to the goods and that transfer of the title is rightful.

Under § 42?1301 and following sections of the D.C. code, sellers of residential property having no more than four units must give prospective buyers a real property disclosure statement; and must do so before or at the time of executing a purchase agreement.

A seller who fails to convey marketable title under a contract that, expressly or impliedly, calls for marketable title, has breached the contract. In such a case, the buyer can refuse to pay the purchase price for that land and sue the seller for whatever other damages the buyer suffered as a result of the breach.

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District of Columbia Response to Notice of Title Defect by Seller to Buyer in Response to Notice