Chris and Erika Shannon purchased a house for $275,000. After they took possession, there was significant water
Question:
Chris and Erika Shannon purchased a house for $275,000. After they took possession, there was significant water intrusion in the basement.
Similar water intrusions occurred three more times.
The Shannons discovered that there had been extensive water damage prior to their purchasing the house. They filed suit against the sellers for, among other things, fraudulent misrepresentation. The prior owners signed a disclosure document before selling the house in which they indicated that there had only been a sump pump problem. A neighbor, however, had witnessed the prior owners draining water from the basement on at least four different occasions, each time occurring after a heavy rainfall. At trial, an Ohio court granted summary judgment in favor of the defendants. The Shannons appealed. Should an appellate court reverse the trial court’s granting of summary judgement? Why or why not?
Step by Step Answer:
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell