Question
Green owned a house worth $150,000 that was subject to a $50,000 mortgage. In response to a newspaper advertisement, Green called TrustyRealty to make arrangements
Green owned a house worth $150,000 that was subject to a $50,000 mortgage. In response to a newspaper advertisement, Green called TrustyRealty to make arrangements for the sale of his house. A salesperson for Trusty persuaded Green to exchange his house for a new $200,000 house owned by Trusty and to assume a mortgage on the new house in the amount of $150,000. Trusty agreed to assume the mortgage on the old house. No other payments were to be made. After Green's house was transferred, Green sued Trusty for actual and punitive damages. ShouldGreen win? Why or why not?
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