Here is the synopsis of our sample research paper on Radon Gas as it affects real estate transactions in Pennsylvania. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4 page paper provides a fictitious memorandum regarding a case that took place in Pennsylvania. Agents lost a case where they withheld information about a property that was contaminated with radon gas. The issue is addressed in general and potential cases are discussed as it respects a particular firm. The paper is written as a Memorandum from one partner to another. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: RT13_SA441Pa.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
cases Dear John: An issue has come to my attention and I would like to relay the matter to the firm so that future real estate cases involving radon
are not quickly dismissed or underrepresented. In fact, there is a tendency to ignore the problem and one case seems to be quite relevant to Pennsylvania law. As we accept
real estate cases, radon is an issue that should be regarded as significant. Radon falls under various statutes, but case law demonstrates that realtors are responsible for omissions in this
domain. Other cases have come forth regarding omissions, but radon can lead to potentially significant awards. Therefore, it is imperative that we treat Radon issues very seriously in light
of the following case. Pete and Sue Ann Radakovich filed suit against three agents because they did not disclose the fact that a home contained a significant amount of
radon gas (Abel, 1996). Charges against the agents include negligent misrepresentation and fraud (1996). Section ?1031. Nonliability of agent of the Real Estate Seller Disclosure Act reads: " An
agent of a seller or a buyer shall not be liable for any violation of this act unless the agent had actual knowledge of a material defect which was not
disclosed to the buyers or of any misrepresentation relating to a material defect" ("Real Estate," 2004). I am sure you are well familiar with this part of the law. It
seems that in the case of radon gas, a costly result may ensue. In the case at hand a jury trial resulted in the order that two agents
from Prudential Preferred Realty along with one agent from Howard Hanna Real Estate Company pay the Radakovichs $30,000 in total for their personal involvement in the transaction (Abel, 1996).
...