|
||
|
A Texas court recently upheld the principle that "size matters" during a case in which the square footage of a sold home wasn't what it advertised. The buyers sued and won. The house turned out to be 253 square feet smaller than the listing agent advertised and posted in MLS. The jury awarded the purchasers damages and held the real estate professionals liable for misrepresentation and fraud. The court of appeals in Austin upheld the decision, even though the couple had moved in the home 30 days prior to settlement. The square footage information came from public tax records. The court said the real estabe professionals had a duty to get the information right and the "buyer shouldn't have to pull out a tape measure."
Institute of Housing Technologies
|
| |
| Copyright © 2010 Institute of Housing Technologies Website by: Roaring Aardvark Webdesign |
||