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Old 06-10-2014, 07:42 PM
 
7 posts, read 9,412 times
Reputation: 11

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We signed a contract for a 10 acre lot back in Oct 2013. The house got delayed due to weather. We finally had a pre-drywall meeting last week. When we arrived we found a large drainage easement on our property that the builder never informed us about. It consumes about 20% of the land we contracted to buy. The builder even said they didn't realize it was there because they never looked at the full plat that was available shortly after we signed.

The drainage easement makes our property non-functional for the purpose we wanted and also creates a safety hazard for our kids as its 12 ft wide and about 8 feet deep. It runs the length of our property including about 50 feet behind our yard.

This is a very unique situation. Has anyone ever had this happen? We are heartbroken. We paid a very large premium for the lot. We want to ask for this premium back. Are we in the right? Is this a material breach of contract? Any feedback would be helpful.

Thanks!
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Old 06-10-2014, 07:44 PM
 
Location: SoCal
14,530 posts, read 20,107,009 times
Reputation: 10539
Lawyer time.
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Old 06-10-2014, 07:44 PM
 
6,292 posts, read 10,591,088 times
Reputation: 7505
Did you not walk the property before you bought it?
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Old 06-10-2014, 07:46 PM
 
Location: SoCal
14,530 posts, read 20,107,009 times
Reputation: 10539
Even better, negotiation time. Tell your builder to find a lot better suited to your desires.
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Old 06-10-2014, 07:48 PM
 
7 posts, read 9,412 times
Reputation: 11
We walked the lot with the sales rep. Not every inch and not specifically where the drainage easement was going in but we did ask about any easements and were told there were none.
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Old 06-10-2014, 08:04 PM
 
4,567 posts, read 10,649,039 times
Reputation: 6730
Quote:
Originally Posted by RavenNest View Post
We walked the lot with the sales rep. ......but we did ask about any easements and were told there were none.
Trust.... but verify. You did one of the two.
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Old 06-10-2014, 08:07 PM
 
6,292 posts, read 10,591,088 times
Reputation: 7505
Quote:
Originally Posted by RavenNest View Post
We walked the lot with the sales rep. Not every inch and not specifically where the drainage easement was going in but we did ask about any easements and were told there were none.
Buyer beware. It's a hard lesson to learn. Next time, if there is one, walk the whole property and check on the easements yourself.
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Old 06-10-2014, 08:15 PM
 
Location: Port Charlotte
3,930 posts, read 6,439,200 times
Reputation: 3457
You have a misrep. Verbal can be binding, as Texaco found out to its loss.

If you want out, have your attorney write and cancel the contract through misrep. Builder will probably roll over and sell the home to someone else.
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Old 06-10-2014, 08:15 PM
 
Location: Brentwood, Tennessee
49,932 posts, read 59,894,485 times
Reputation: 98359
Quote:
Originally Posted by Spazkat9696 View Post
Buyer beware. It's a hard lesson to learn. Next time, if there is one, walk the whole property and check on the easements yourself.
Yep.

Never ever EVER take a seller's rep word on legal issues like this.
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Old 06-10-2014, 10:34 PM
 
5,048 posts, read 9,613,201 times
Reputation: 4181
Yes, lawyer. It might not take him too much time on this. But it is significant and quicker to have some legal verbage on a law firm's letterhead.

Yes, misrepresentation. And whatever was premium about your lot...size? view? .... doesn't exist now. The thing sounds like a pond...actually it's probably a passive retention pond. Scummy, would require fencing, bad view and smells at times...can go all yellow or green.

You will, of course, post pictures of the kids on facebook at the new property with the retention pond behind them. And perhaps state simple facts. One time, I said calmly I was prepared to get a permit for a peaceful protest on the sidewalk outside a company and would hold a sign up about what the company had done wrong to me. That was what finally got them to change their tune. However, in your case I'd go the simpler secure route...straight to an attorney.
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