2006-11-21 07:36:03 · 7 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
If you knew and did not inform the buyers then you could be sued...if you did inform them of the problem and they still choose to by...then you are fine....its their problem know....
2006-11-21 07:42:11 · answer #1 · answered by yetti 5 · 1⤊ 0⤋
If you are selling it for what it's worth and not trying to give it as a gift, then yes you can do it. You can do it even if you are selling for less than it's worth or doing it as a gift, but that can trigger some tax liabilities that you should discuss with an accountant.
2016-05-22 08:48:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Bad if you did not disclose the fact that the property has flooding issues.
You could get sued.
2006-11-21 07:42:37 · answer #3 · answered by Starla_C 7 · 0⤊ 0⤋
Most states have homeowner disclosure laws. You can be sued for fraud and misrepresentation. Not only can you be sued for the cost of the repairs, but also for punitive damages. Good Luck!
2006-11-21 07:42:08 · answer #4 · answered by cheyennetomahawk 5 · 0⤊ 1⤋
You find yourself in a civil suit being sued for the cost of the repairs.
2006-11-21 07:38:12 · answer #5 · answered by Zelda 6 · 1⤊ 1⤋
If I'm the judge you'd better be buying a chastity belt, you'll need it where your headed.
Also you might just be refunding the money.
2006-11-21 07:45:25 · answer #6 · answered by madjer21755 5 · 0⤊ 0⤋
if you knew you are supposed to make that info known...
2006-11-21 07:39:43 · answer #7 · answered by cork 7 · 1⤊ 1⤋