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Good afternoon. I’m a prospective home buyer deep into the process of purchasing the property. A well production test on the property determined the well was producing only 0.03 gallons per minute. The seller in 2017 also had a well production test run, so I feel they knew it was an issue. The seller however did not disclose this in their listing nor in any other way. Although the property has a 1000 gallon cistern, it would cost me upwards of $400 a month to have it refilled. What are the disclosure laws regarding well production and listing property details when selling the house? I believe the well also has an expired well permit.
The good news is that you discovered this significant issue prior to completing your purchase. This now gives you some leverage in negotiating terms acceptable to you or to potentially terminate the contract based on this info. It can get complicated, so you may want to consider speaking with one of our attorneys as you determine the best path forward for you. You can schedule 24/7 by calling 303-688-0944 or online at https://calendly.com/case-assessment/case-assessment
The foregoing information is general information only and should not be relied upon to take, or fail to take, legal action. No attorney-client relationship is formed by this information. __The only manner to obtain complete and adequate legal advice is to consult with an attorney.__
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