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Home / Opinion Digests / Real Estate – Contract Price – Parcel Acreage – Survey (access required)

Real Estate – Contract Price – Parcel Acreage – Survey (access required)

A buyer of a nearly 2,000-acre parcel in Washington County who seeks an abatement of the $4.25 million purchase price after a field survey revealed the parcel contained only about 1,800 acres, wins $390,244 in damages, when an Abingdon U.S. District Court accepts the findings of an advisory jury on the buyer’s claims for specific ...