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Original poster

Indemnity Policy - Who pays?!

4 replies

Theresacatinmywashing · 18/09/2014 10:39

DP is selling his new built flat (its 2 years old). When he purchased it from the developers he had to take out an indemnity policy.

Now he is selling it the buyers have asked him to cover the cost of the new indemnity policy which will reflect the higher purchase price. Is this usual for the seller to pay?

OP posts:
Original poster
Theresacatinmywashing · 18/09/2014 11:33

.

OP posts:
Rangirl · 18/09/2014 13:05

I would say normally yes Depends on who is in the strongest position to negotiate but usually seller

Spickle · 24/09/2014 09:16

Seller

stevemLS1 · 24/09/2014 09:31

It depends what the indemnity is for?

What risk are they talking about?

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