Question
Ivan Investor is a California-based businessman and entrepreneur. Ivan has been searching for a multi-family building in Connecticut as part of his investment portfolio. However,
Ivan Investor is a California-based businessman and entrepreneur. Ivan has been searching for a multi-family building in Connecticut as part of his investment portfolio. However, finding a "10 unit complex with all flats completely equipped" was one of Ivan's key obstacles. When searching for a "10 unit complex with all completely furnished condos," Ivan engages Robin Realtor, who forms a realtor agreement with Ivan for a 10 percent fee. Ivan examines Robin's photos, which show what seems to be the "ideal structure" and an excellent financial investment. Ivan flies to Connecticut to close on the property, relying on Robin's representation, only to discover that the building contains nine flats, but only five of them are completely furnished. Because of this, Ivan refuses to buy the property and rejects Robin's 10% fee. When Ivan refused to pay her 10% fee, Robin was outraged and decided to take him to court. What will happen to Robin? What's the point? Give an example to support your position. |
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