How bad is it to not disclose a lawsuit in a real estate sale?
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Date: July 29th, 2016 10:19 AM Author: autistic pearl public bath
You own the property. The plaintiff (the city) isn't filing a lis pendens, but the lawsuit involves the property and the buyer will likely have to deal with the ramifications post-closing.
(http://www.autoadmit.com/thread.php?thread_id=3305762&forum_id=2#31059713)
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Date: July 29th, 2016 11:36 AM Author: autistic pearl public bath
lis pendens is being terminated as part of the stipulated judgment, so it won't come up on the title company search.
There is a good chance the buyer will no find out about the issue until after closing unless I tell them.
(http://www.autoadmit.com/thread.php?thread_id=3305762&forum_id=2#31060364)
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