Hello my name is ***** ***** I will help you with this.
As the buyer you should have buildings insurance in place.
As contracts have been exchanged this means you are compelled to complete and therefore the risk passes to you.
Therefore you should get buildings insurance as you are compelled to complete
Can I clarify anything for you about this today please?
In am ( or my company ) is the seller property sold to my ex partner and she is been difficult .
Ok - well whoever buys the property takes on the risk.
If its a few hundred £ you may just want to pay it to keep the peace
What if she does not pay ?
She has further said " if I cancel the insurance ( I still have the insurance running as she promised in January she would pay instalments but has failed to pay a penny) and a claim arises she will sue me for any losses arisen
You have a choice, either to take the risk or pay it.
You could of course sue her for the cost of the insurance?
I have already paid it
Ok, you could sue for the cost of half of it.
Sorry you sold it to your ex - you could sue her for all of it.
We are absolutely 100% correct on the legal position on this ?
Yes. When contracts are exchanged the risk passes to the buyer
Thank you that helps a lot
I will now leave you positive feed back.
Thank you, ***** ***** could ask you to rate my answer before you go today please, the button should be at the bottom of the screen
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