An omission of a material fact known to the issuer that wasn't disclosed to investors could be considered fraud or misrepresentation, which is illegal in a securities offering.

@Eric Chan, the only way I would see you being entitled to a loss of profit would be if the seller was obligated to disclose known title issues, knew about this issue, and chose not to disclosure it.

Are the foundation issues disclosed prior to offer.

In Real Estate, if a seller is aware of an issue with his home, he needs to disclose that to future potential buyers.   

I was confused and then he disclosed he had to go to court 12 years ago and was found not guilty, however had to register as a sex offender.

There could have been a slew of previous owners that did unpermitted work that was not disclosed, that you couldn't possibly know about.

However, those who have no idea what they are doing cannot see their operation which they legally disclose in front of you but is clouded by their online marketing hype.  

We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose.

Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries.

Seller disclosed leases and may have kept half of deposit.