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Breach of purchase agreement suit hinges on title commitment
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Court Report
Wednesday, October 28, 2020
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A dispute between a buyer and seller of commercial property turned on information regarding a lease of a convenience store on the property revealed in the title commitment. After the buyer discovered through the title commitment that the lease had been extended without his knowledge, he terminated the purchase agreement and sued the seller when it wouldn’t return his earnest money. Read on for more details.
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