CRE Insider Blog
Welcome to the Commercial Real Estate Insider, insights from First American's real estate experts.

Failure To Disclose A Property Condition May State A Cause Of Action For Fraud

By Mike Berey on September 4, 2019

 

The Defendants-Sellers had completed a mold remediation project in the pool wing of the house prior to entering into a contract of sale with the Plaintiffs. Under the contract, the property was sold “as is”, no express representations as to the condition of the property were made, and the Sellers paid the Plaintiffs $500 in lieu of completing a...

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Topics: Fraud Mortgage Lending

Fraud In The Inducement

By Mike Berey on January 15, 2019

Plaintiffs sought to recover their property, alleging that they had conveyed their property to the Defendant based on the misrepresentation that the Defendant would assist them in effectuating a short sale to relieve them from a defaulted mortgage debt. The Plaintiffs asserted causes of action for deed reversion, quiet title, unjust enrichment,...

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Topics: Fraud CRE

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