Legal Question in Real Estate Law in New York

Is the Seller or Broker liable?

A few months ago I went into contract for a ''3 family� building in Brooklyn, NY. When the title search came back the CFO said it was a legal 2 family. The sellers and I cannot agree on a new price, so basically I am left with over $3,500 in out of pocket expenses and nothing to show for it. What options do I have to get reimbursed, and is the seller or real estate broker liable for misrepresenting the number of units in the building?


Asked on 2/25/02, 4:23 pm

1 Answer from Attorneys
Bunji Fromartz Fromartz Law Offices

Is the Seller may be liable?

The contract may call for the seller to legalize the property if a title search reveals a prblem. The contract must be reviewed by an attorney.

If the seller bought the house and knew it was a legal two at the they purchased it, then they may have defrauded you when they sold it as a three family.

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Answered on 2/27/02, 3:13 pm


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