Jokes about Ggost
Tuesday Mar 07th, 2017Share
Don't joke about ghosts, it could end up in court In an unusual case in Kitchener, the buyer bought a commercial building from a labour union. The union vice president later joked after closing in a newspaper interview that one of the reasons the property sold for less than market value was that there were rumours that it was haunted. The buyer found out and sued for damages, claiming that he should have been advised of this. The judge disagreed and the case was throw out before trial. The main lesson is that if you are concerned about a property's history, whether it is murders, suicide or haunted houses, include a clause that states explicitly that the seller represents and warrants that they have no knowledge of any of this. Then the sellers must be truthful and disclose what they know.
Click here to read the article: http://www.thestar.com/business/personal_finance/2013/10/18/office_building_buyer_loses_lawsuit_ove