Legal Question in Real Estate Law in Louisiana
real estate fraud
I went into a business agreement (involving a property) with two people a number of years ago. Now the other two parties are attempting to buy my share. I recently found out the property was put on the market without my knowledge. If the other two parties placed the property on the market without my knowledge, instructed the agents that I was not to be informed of this act, and denied the property had ever been on the market when I confronted them about it, could this be considered fraud in the inducement or conspiracy to commit fraud in the inducement? As the information withheld may sway my decision to sell my share. Also, what would I need to start a case. Would denial in writing (e-mail) of the property being on the market by the other two parties involved be sufficient?
1 Answer from Attorneys
Re: real estate fraud
Before you consider filing a case, you may wish to first ponder what are your credible and reasonable damages arising from this episode (and, no, the intentional infliction of emotional distress will not work here).
If such are likely unascertainable or of minimal amount in your case, you had best move on and forget it
as Dr. Phil or some other of his ilk would probably advise.
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