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talo_rk talo_rk
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Posts: 601
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6 years ago
Federated Group, Inc has just purchased a site for its corporate headquarters. After the contract is signed but before close of escrow, Federated learns of toxic waste claims pending against the seller by surrounding landowners. Must Federated go through with the sale?
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wrote...
6 years ago
There is at least silent misrepresentation. If the suits are recorded (lis pendens), there is failure of marketable title.
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