Question
Scenario A lawyer, Max, was engaged by Kate to settle her deceased parents' estate. The estate included a deluxe motorhome which Kate wanted to sell.
Scenario
A lawyer, Max, was engaged by Kate to settle her deceased parents' estate. The estate included a deluxe
motorhome which Kate wanted to sell. In the process of settling the estate, Max expressed great interest in
the motorhome and let Kate know that he wanted to purchase it for himself. They had a conversation as below:
Max: I am quite taken with this motorhome and would like to purchase it.
Kate: Wonderful! I am happy to sell this motorhome to you at a fair market value.
Max: Well, seriously? You cannot drop the price down for me? I'm your lawyer and I've done a good
job for you in settling the estate so far.
Kate: I am sorry Max. I do appreciate what you've done for me as a lawyer, but this motorhome
does deserve a good market price and the value will keep increasing as you know.
Max: This is very disappointing. Don't forget that I've got all the detailed files regarding the
motorhome. Whoever is approaching you to buy the motorhome later, I will let them know all
the hidden defects. I also know all your other sordid secrets. They will not be safe.
Hearing that, Kate was very concerned, and she finally agreed to sell the motorhome to Max for $350,000,
considerably lower than the market valuation of $500,000.
Your task :
Kate comes to you to seek legal advice. She wants to know whether there is any possibility to get the
motorhome back from Max under contract law. Advise her.
Answer should be in format of : Issue, Law $ Application, conclusion.
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