Legal Question in Real Estate Law in Georgia

If I purchased a home which appears to have a well on the property that was not disclosed in the paperwork, is there anything I can do? The builder has repared the hole 6 times and refuses to take responsibilty now. The county came out to inspect and let us know it is definately an old abandoned well. The hole is now down about 4-5 feet. Would it be worth the trouble to take this to court?

Thanks,

June


Asked on 12/03/09, 3:30 pm

1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

It primarily depends on whether the well was a latent defect that a reasonable buyer could not discover. If so, you may have a claim for fraud. Speak to a local real estate attorney.

If you would like to discuss any issues further, please feel free to contact my office. The link to my contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Read more
Answered on 12/09/09, 11:56 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Georgia