Arkansas | Real Estate Law
Legal Question
real estate fraud
i purchased what i thought to be an acre of land and a home., now i find out that what i actually purchased was .40 acres. the other .60 acres is still owned by a lady that owned the property before the person i bought it from. the title to that property was never transfered to the person i bought the property from. my well is on the .60 acres. she was under the impression that she had sold the whole acre to the person i bought the property from. no one caught the mistake. she now wants $5000 from the person that i purchased it from before she will sign the title over to him so he can sign it over to me. i paid for a well inspection when i took out the loan for the property. what can i do to resolve this problem? i feel like some kind of fraud has taken place here. thanks
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Read More Answered By: Ric Orintas |
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