Question
Misrepresentation. Charter One Bank owned a fifteen-story commercial building. A fire inspector told Charter that the building's drinking-water and fire-suppression systems were linked, which violated
Misrepresentation. Charter One Bank owned a fifteen-story commercial building. A fire inspector told Charter that the building's drinking-water and fire-suppression systems were linked, which violated building codes. Without disclos - ing this information, Charter sold the building to Northpoint Properties, Inc. Northpoint spent $ 280,000 to repair the water and fire-suppression systems and filed a suit against Charter One. Is the seller liable for not disclosing the building's defects? Discuss. [ Northpoint Properties, Inc. v. Charter One Bank, 2011- Ohio-2512 (Ohio App. 8 Dist. 2011) (See Voluntary Consent. )
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