Voetstoots Clauses in Home Sales
Read your Offer To Purchase contract carefully!
Beware of voetstoots clauses in the Offer To Purchase!
If you believe that the voetstoots clause is no longer applicable to home sales, you are mistaken. Estate agents and home sellers are using the clause in 98% of the “offer to purchase” agreements. Furthermore, the clause protects both the seller and the agent in case of legal ramifications for defects. The seller is not selling his home in his normal course of business. As a result, the Consumer Protection Act does not protect you!
In conclusion, just imagine what is wrong and can go wrong with the house you just bought if you don’t have a home inspection!