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

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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My answers are general answers to general questions regarding real estate practices in New Jersey, I am not a lawyer. I suggest that you consult an attorney when appropriate.