Question
Karl is looking to buy a house in the Salt Lake City area of Utah. Karl contacts John, a realtor, and arranges to see several
Karl is looking to buy a house in the Salt Lake City area of Utah. Karl contacts John, a realtor, and arranges to see several houses that are on sale. After picking out the house he likes, Karl asks the owner if the house has a termite problem. The house does have a termite problem but the owner, knowing that Karl will not buy the house if he knows about the termite problem, tells Karl that there is no termite problem. Karl and the owner sign a contract under which Karl bought the house for $250,000. After the contract is signed, Karl finds out about the termite problem. .Assuming you are Karl, How would you legally proceed? Justify your position legally.
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