{"id":4550,"date":"2018-02-21T02:17:57","date_gmt":"2018-02-21T02:17:57","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=4550"},"modified":"2022-02-21T20:19:21","modified_gmt":"2022-02-21T20:19:21","slug":"inquiry-notice","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/inquiry-notice\/","title":{"rendered":"Inquiry Notice"},"content":{"rendered":"

Inquiry Notice Definition<\/h2>\n

An inquiry notice<\/strong> is a type of legal notice when a property purchaser has knowledge of facts or circumstances which would lead a reasonable person to believe that further investigation of the matter is warranted.<\/p>\n

Explanation<\/h2>\n

In a typical real estate transaction, the purchaser has certain duties such as home inspection<\/a> of the physical property and of the legal title to the real estate.<\/p>\n

For example, another person other than the seller may be in possession of the property. Or they are titled on the property.<\/p>\n

The purchaser could have determined that fact with a home inspection or title search<\/a>. Whether or not the purchaser actually inspected the property or title, they are said to have been given inquiry notice.<\/p>\n

This means that in this case, the buyer can\u2019t file a claim against the seller, reasoning it by not having been notified about the problem.<\/p>\n

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