"Do not do what you would undo if caught" ~ Leah Arendt ~ Why is it a
home buyer has so few options against a home seller when it is believed the
home was fraudulently and intentionally misrepresented? Is it because,
"Honesty is for the most part less profitable than dishonesty." ~ Plato ~
There should be a new law to protect the home buyers interests. As in the
auto industry the "Lemon Law" was created to protect auto buyers. So
should there be a law to protect vulnerable and innocent home buyers. The
"Lemon Law" in summary is defined, "The manufacturer, not the dealer, takes
care of the defects (State Lemon Law). In my proposed law, the seller, not
the buyer, would take care of intentional disclosures of defects. A solution
that would protect the home buyer from bogus acts and dishonesty a "raw
deal" when buying a home. A law and order that would make the seller
responsible for what is proven to be fraudulent and dishonest
misrepresentations. There should be a developed and implemented policy
created that would define the responsibility for; detection, investigation, and
reporting of dishonest and fraudulent activity and would outline specific
instructions regarding what should be done when fraud is suspected. I am
proposing the "Sushi Law".
At a home I once previewed I found a large entertainment center in the master
bedroom covering two thirds of a wall. It struck me as odd at the time. Why
would this massive piece of furniture be in a bedroom? As I turned to leave
the room something caught my eye. I saw what looked like textured paint on
the wall. Upon closer examination I realized it was paint that had tiny cracks
over various portions of the wall and in places ...
... middle of paper ...
...onesty." Great Quotations. 1 May 2001.
"Attorney Fee's." The National Law Journal. 15 Feb. 1999. 90-92.
Dickkerson, Pam. Nothnagle Realtors. Personal interview. 15 May 2001.
Glink, Ilyee. "Why do I need a home warranty?". Axis Home Warranty. 8 May 2001.
Insurance agency. "Home Warranty, Selling, Refinancing." Pamphlet. Axis Home
Warranty. 1 Nov. 2000.
Reeser, Gary. G.A.R. Home Inspection. Personal Interview. 6 May 2001.
"State Lemon Law Summary." Autopedia, The Automotive Encyclopedia. 16 May 2001.
"The Fair Housing Act." The Consumer Law Page. Brochures. U.S. Department of
Housing and Urban
Development. 4 May 2001. *http://consumerlawpage.com/brochure/fair-hse.shtml*
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