LAW 600A Lecture Notes - Lecture 17: Termite
Document Summary
Reed learns from a neighbor that the house she just bought was the scene of the murder of a woman and her four children 10yr prior. King knew about the murders and that the murders negatively affected the value of the property. King asked a neighbor not to tell reed about the murders. Reed paid k for the house, but the house was worth only k because of its gruesome past. A nondisclosure is an assertion which is concealment as defined by r. 2d. Hill intends to buy a home from jones. Hill notices possible evidence of termite damage. Jones states hills observation is from water damage. Hill is worried about termite damage and awaits termite report. Termite report comes back stating no visible evidence of infestation. After move in, hill notices termite damage and evidence of previous termite treatment. Jones had knowledge of previous termite damage and treatments of the house but did not disclose this to hill.
