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Paris Norman
on Nov 23, 2024

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Where a purchaser has viewed the property to his satisfaction before offering, but a survey reveals significantly less land than what was alleged by the vendor, the purchaser may accept it with abatement, or walk away from the sale.

Survey

A comprehensive examination or an assessment of something, often used for collecting data or understanding conditions or opinions.

Abatement

Abatement refers to the reduction, decrease, or removal of something, often used in legal contexts relating to the diminishing or cessation of nuisance or the reduction of a monetary obligation.

Alleged

Claimed to be the case or have taken place, although there is no proof.

  • Understand the consequences of incomplete or misleading property descriptions on a real estate purchase.
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Ikmal HakimNov 27, 2024
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