Problem with Legendary Lot . . . Opinions?

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#18

12-04-2013, 02:59 PM

Peter_Spaeth Peter_Spaeth is offline

Peter Spaeth

Member

Join Date: Apr 2009

Posts: 33,725

Quote:

Originally Posted by nolemmings

In Arizona at least you would have such a duty in virtually any buyer/seller transaction, any transaction in which you have a pecuniary interest.

Damn liberal state.

Doesn't follow the Restatement section you quoted, apparently.
"Unless he is under some one of the duties of disclosure stated in Subsection (2), one party to a business transaction is not liable
to the other for harm caused by his failure to disclose to the other facts of which he knows the other is ignorant and which he
further knows the other, if he knew of them, would regard as material in determining his course of action in the transaction in
question."

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Last edited by Peter_Spaeth; 12-04-2013 at 03:01 PM.

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