Today we will talk about implied warranties of quality, and introduce the concept of the deeds.
The lecture notes are available here.
This story about whether a seller has a duty to disclose that a previous owner of a home died from a drug overdose ties into our lecture from last class. Also this story, explores whether a buyer in New York City can recover a $5 million downpayment for a luxury home.
This article talks about a Pennsylvania case where a buyer seeks to rescind a contract to purchase a house because the seller failed to disclose there was a murder-suicide in the home.
Finally, we will reference this Texas General Warranty Deed in class. Here is a sample warranty deed from Texas, an earnest money contract.