Q: I purchased a lot for cash & it said it was 10,301 sq.ft., now i find out that the lot is smaller, my options
I live in Daly City, but the lot is in Bullhead City, Az.
A: Typical Attorney Answer: It depends. Before I answer further, you should contact an attorney where you live or in Bullhead, look for an attorney that specializes in real estate.
Now, it depends on the amount of variance. Is it deminimus , like the actual lot is 10,300, or is it significant, like the lot is 10,000? (which may not even be significant depending on value. if it were in Vail, CO, that 300 sq feet could be worth $250k or more)
Was the variance obvious? What do the escrow documents say? What is the legal description of the property? What Sq. Ft. do the tax records say?
Find the answers to all these questions and then go to your local RE attorney.
These opinions are based solely on the information in the question and no additional investigation into facts has been made. Additional facts could change the opinion. Do not rely exclusively on this opinion without consulting with an attorney.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.