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Condo purchasers may have lost rescission rights (access required)

POSTED: Friday, February 10th, 2012 at 11:03 am

BY: DOLAN MEDIA NEWSWIRES

Condominium purchasers may have waited too long to exercise their right to rescind their contract pursuant to federal law requiring certain disclosures in land sales, the 6th Circuit has ruled.

2010AP108 Pheasant Run Condominium Homes Association, et al. v. City of Brookfield (access required)

POSTED: Wednesday, January 26th, 2011 at 2:45 pm

BY: WISCONSIN LAW JOURNAL STAFF

Condominiums Private roads Pheasant Run Condominium Homes Association, Chateau-In-The-Wood Homeowners Association, Inc., Meadowwood Court Condominium Association and Wilderness North Condominium Association, Inc., appeal the circuit court’s order for dismissal based on its grant of summary judgment in favor of the City of Brookfield. They claim that the City violated Wis. Stat. § 703.27(2) (2007-08)[1] and [...]

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