Legal Question in Real Estate Law in Florida
Sinkhole home
Our house sits on a sinkhole, and we just signed a contract with an investor on 11/1/04 to purchase our house for $20,000.00, is thier any way possible to have this contract cancelled? or is this permanent? please respond asap. Thank You.
2 Answers from Attorneys
Re: Sinkhole home
The answer depends on the terms of your agreement and the specific facts of your case.
Re: Sinkhole home
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RESPONSE: The answer to your question will largely depend on the terms of your contract. However, have you placed the contractor on notice that it provide you with adequate assurances that the sinkhole will not impact the structure of your house? Has the contractor tried to fill the sinkhole? Did you hire an expert to evaluate whether the house, as planned can be built safely and without defects accruing? Is the house being built on pilings? There are many questions that need to be answered. Therefore I recommend consulting an attorney whose field focuses on construction litigation. Good luck, and if you need further assistance, do not hesitate to contact us.
Randall Gilbert
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