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Updated about 13 years ago,

User Stats

44
Posts
2
Votes
Ken Williams
2
Votes |
44
Posts

Being threatened with lawsuit.

Ken Williams
Posted

Hello, I am being threatened with a lawsuit on a property we sold for a failing sewer system. We put a clause in the contract about the sewer problem, which was the exact same clause we had in our contract when we purchased. The buyer knew there was a constant backup problem with the sewer line. My question: Does the buyer still have a right to come back on us for any damages at all, even when the sewer was disclosed in the contract?

He is asking for past records of work done on the sewer and who did the work. The only thing we did was snake the lines to clear the backup in the past. Should I show these records to the buyer or ignore the request?

Also, if a suit is brought against us should we go with a local real estate attorney? This was a commercial property in a small town with limited attorney presence. Would it be wise to go with a bigger attorney in the state, or even use our out of state attorney?

I will bounce some questions off of our real estate attorney on Monday, but this property is out of his state, and I have been worried about this after receiving word from the buyer today.

We sold the property at a discount and disclosed to the seller, so we tried to do the right thing by him.

I thought some of you might have experience and info you might be able to share. Any info would be appreciated.

Thanks

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