Part of the property that suburban is attempting to convey

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Reference no: EM132159969

All-Mart Discount Stores Corporation contacts to buy ten acres from Suburban Enterprises, Inc. as a site for a new store. The contract calls for a "warranty deed" without specifying the convenants to be included in the deed, or any particular guaranties. The title examination uncovers a zoning law that would affect All-Mart's proposed use of the land. According to a survey that All-Mart commissions, one corner of an adjacent, enclosed parking lot is on part of the property that Suburban is attempting to convey. Can All-Mart avoid the contract? If so, on what basis? If not, why not?

Reference no: EM132159969

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