Chase and ashley recently purchased and moved into new home

Assignment Help Business Law and Ethics
Reference no: EM13724205

Chase and Ashley recently purchased and moved into a new home.  While Ashley is unpacking from their new move into their new house, numerous leaks occur in the roof as a result of thunderstorms.  Although they have homeowners insurance to cover the cost of repairing their house and replacing some possessions, it will not be enough to cover all of their replacement costs. The Real Estate Company that hired the Agent who sold the house to the Adams is headquartered in another state (Alaska). An inspector came in (someone recommended by Real Estate company) and said that there were no problems with the new roof/ceiling. Previous homeowners were already renting somewhere else/gone so got no information from them.  They called real estate agent and inspector but went to voicemail.

1. Assuming the Adams can identify a responsible party, do they have standing to file a civil lawsuit for the damages caused by the storms? Explain why or why not

2. Who might be considered a responsible party for the damage to the Adams' house and possessions caused by the leaky roof on their house?

3. The Real Estate Company that hired the agent who sold the house to the Adams in headquartered in another state (Alaska) If the Adams decide to file a civil lawsuit against the Real Estate Company, where can they file it?

4. Would the Adams be able to file a civil lawsuit against the Real Estate Company in Federal Court?

5.  If the Adams believed that the previous owners of the house misrepresented facts about repairs made to the roof and past problems with water getting into the house during storms, they may decide to file a civil lawsuit against the previous home owners.  In this case, would the previous owners, who are currently renting a home in another state have to defend themselves in the state that the Adams are currently living?

6. Assuming that the Adams can identify a responsible party and decided to file a lawsuit against that party, what type of court would decide the lawsuit?

7.  Assume you are the realtor in this particular case. What specific type of business organization would give you the most protection from personal liability if the homeowners sued your business for negligence? Please explain your answer.

 

Reference no: EM13724205

Questions Cloud

Hamid decided to buy a second hand car from fast cars : Hamid decided to buy a second hand car from Fast Cars Sdn Bhd (FC) During a discussion at FC's office, Hamid was requested to sign few blank documents by Yana, one of the staff at FC. Hamid was also informed that he has to pay 10% deposit once..
Maxine sdn bhd is the manufacturer of maxine computers : Maxine Sdn Bhd is the manufacturer of Maxine Computers. In October 2012, Maxine Sdn Bhd advertised its new notebook computer "Maxira" in its website. The advertisement clearly stated that for every purchase of Maxira, the buyer shall receive..
Signs a check payable to beta landscape design : Alpha Office Properties signs a check payable to Beta Landscape Design, Inc., drawn on Alpha's account at City Bank and dated June 1. Beta indorses the check to Delta Lawn Care Corporation.Refer to Fact Pattern 14-1. To hold Beta secondarily li..
Fay was admitted to global associates : 11. Fay was admitted to Global Associates, an existing general partnership on January, 2014. In August, 2014, a partnership debt that was incurred in October, 2013 came due. Fay is: a) Not liable for the debt because the debt was incurred p..
Chase and ashley recently purchased and moved into new home : Chase and Ashley recently purchased and moved into a new home.  While Ashley is unpacking from their new move into their new house, numerous leaks occur in the roof as a result of thunderstorms.  Although they have homeowners insurance to cover..
What should the value of alpha : What should the value of alpha be in an exponential smoothing forecast to be very responsive to recent demand
Describe the rise of alexander the great : Describe the rise of Alexander the Great and his invasion of Persia. At a minimum include the battles of Granicus, Issus, Gaugamela and Hyphasis.
Design a training program : Design a training program that will improve communications in an online university where all members (students and instructors) are virtual. Prepare a Power Point that will be presented to university administration, including all employees on camp..
Despite modest pay, employees are loyal : Creating a lively, affirmative culture has given Zappos a positive reputation that attracts superior job candidates. They are excited to work for a company that shares their values, empowers them to please customers, and encourages them to have..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  What is the difference between express and implied actual

1- what is the difference between express and implied actual authority? give an example of each.2- what is apparent

  As the chair of the parole board robert knows the state

this project is a 10-12 page paper double spaced 12 point font excluding the separate cover page and references pages.

  Explain products liability as gun control

Explain Products Liability as Gun Control and Do you think gun manufacturers and sellers should be held civilly

  Determine accounting constraints and enabling processes

STAKEHOLDER VALUE AND ETHICS. Select an organisation that you are either familiar with (you may, or may have, worked there) or have researched. Ideally, choose an organisation within the professional services sector (eg: Financial, Legal, insuranc..

  How the 2002 record keeping rules affect

Explain and discuss how the 2002 record keeping rules affect issues dealing with specific disorders and other issues (i.e. privacy, access, fatalities, etc.).

  The first responder on scene

The First Responder on scene

  Marilyn was working at the quick stop she was dismissed for

marilyn was working at the quick stop. she was dismissed for allegedly stealing from the cash draw. marilyn deprived of

  View a situation with the same ethical perspective

A member of one culture may not view a situation with the same ethical perspective as a member of another culture.

  Despite not being a member of the bar subject to its

despite not being a member of the bar subject to its discipline for ethical violations it is very important for

  Identify whether relapse and recidivism can be seen as two

identify whether relapse and recidivism can be seen as two individual concepts or are they related to each other.

  Discuss pretrial detention and the concept of bailexplore

prepare a 1050- to 1400- word paper in which you discuss and explain the pretrial process along with the following

  What is the change initiative and how will the change

present the following scenarioyou and the members of your learning team are employees of a security oriented

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd