Licensed Repairs

Licensed Repairs

NKPL Tuesday Takeaway

One major difference between the FRBAR “As is” and the FRBAR “Standard” contract is that the standard requires all repairs to be done by a licensed professional, whereas the “As-Is” contract does not have such requirement.

It’s a good idea to require the use of a licensed professional when preparing an addendum for the As Is Contract. You can use language such as this:

“Seller Agrees to repair the __________ and seller agrees to use licensed professionals for all repairs and provide buyer with receipts, contracts and contact information of the licensed individuals making the repairs.”