What is a closed sale between family?I am purchasing a home from my father. The bank requires well and septic testing. I was told (by a friend that had a similar situation) that there is "closed sale" when the dealings are between family members and then well and septic testing isn't required. Is this correct or where would I find more info on this?July 17 2012 - New York00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.