Question: The Buyer’s request for repairs asks for the
repair of three items. The Seller agreed to the repair of all
three items, but demanded a $3,500 increase in the purchase price.
In addition, the Seller required that the Buyer respond within
three days. In the Seller’s response can the Seller require an
increase in the purchase price, or shorten the time period for
the Buyer’s response?
Answer: No. In essence, the Seller is proposing to amend
the Contract by increasing the purchase price in exchange for
doing the repairs, and by shortening the time period for the Buyer
to respond from five days to three days. If the Buyer does not
accept the Seller’s proposed amendments, the Buyer has five days
to either cancel the Contract or close the transaction with no
repairs by the Seller.
