Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller.

Question

Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller.
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Quizplus · Accepted Answer

Typically, if an event destroys a property during a pending sale and it's through no fault of the seller, the risk of loss usually falls on the seller until the property's title or possession has been transferred to the buyer, unless the contract states otherwise.

Usually,if an Event Destroys a Property During a Pending Sale