QuickHelper

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Category > Management Posted 15 Oct 2017 My Price 7.00

Acme land company sold a lakefront lot to sarah farris.

Acme land company sold a lakefront lot to sarah farris. The date of the sale was July 30, 2013. Acme transferred the lot to sarah by a limited warranty deed. the deed warranted that the proper was free of liens and encumbrances. Acme had owned the lot since march 10,2007. After the sale when sarah was seeking a mortgage loan to build a home on the lot, sarah discovered that the lot was encumbered by an easement for general public access to the lake. the easement was created in april of 2004 by a previous owner of the lot. The easement resided the size of the lot for building purposes and reduced its value. Can Sarah sue Acme for breach of a deed warranty? 

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QuickHelper
(10)
Status NEW Posted 15 Oct 2017 04:10 PM My Price 7.00

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