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Offset of funds due seller

Posted by Mark on June 14, 2003 at 10:35 AM

Hi Ward,

I've got a signed EPA that the 5 days is up on Monday. During my due diligence I found several items that were not stated up front by seller. So I will be reducing the amount stated under the consideration section of the EPA. How do I account to the seller the reduction of net funds due him from the discovery of a Judgement and County enforcement fines and his understatement of Arrears? Do you have a form or can I use something like a HUD 1?

Thanks for such a great web forum

Mark


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