picture perfect. pipeline land slated for an interstate gas pipeline. land slated for an interstate...

PICTURE PERFECT

Pipeline

• Land slated for an interstate gas Land slated for an interstate gas pipeline.pipeline.

• An illegal division of land. An illegal division of land.

• An illegal home, county seized the An illegal home, county seized the home.home.

• Building code violations.Building code violations.

• A dry water well.A dry water well.

• Standard set of Oregon real estate Standard set of Oregon real estate documents,documents,

including a including a Disclosure Statement.Disclosure Statement.• At the time of sale we had: At the time of sale we had:

An attorneyAn attorney Buyer’s agentBuyer’s agent Title company and insuranceTitle company and insurance A national Real Estate CompanyA national Real Estate Company• Undisputable EvidenceUndisputable Evidence

• The The Disclosure StatementDisclosure Statement and and Contract. Contract.

• Did not support a law suit.Did not support a law suit.

• The contract was valid for six years.The contract was valid for six years.

• We had the right to sue.We had the right to sue.

• The case was reversed and The case was reversed and remanded remanded

back to the lower court.back to the lower court.

• NO DAMAGE AWARD.NO DAMAGE AWARD.

• THE PIPELINE EASEMENT THE PIPELINE EASEMENT COMPENSATION COVERED ANY COMPENSATION COVERED ANY DAMAGES.DAMAGES.

• WE NEVER RECEIVED PAYMENTWE NEVER RECEIVED PAYMENT FOR THE PIPELINE EASEMENT.FOR THE PIPELINE EASEMENT.

• WE PAID SELLERS IN FULL $ 425,000.WE PAID SELLERS IN FULL $ 425,000.• OUR ATTORNEY FEES $80,000.OUR ATTORNEY FEES $80,000.• SELLER’S ATTORNEY FEES $82,000SELLER’S ATTORNEY FEES $82,000

• COUNTY AND STATE LAND USE COUNTY AND STATE LAND USE DISPUTES ARE UNRESOLVED.DISPUTES ARE UNRESOLVED.