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PICTURE PERFECT
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Pipeline
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• 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.
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• 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
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• The The Disclosure StatementDisclosure Statement and and Contract. Contract.
• Did not support a law suit.Did not support a law suit.
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• 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.
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• NO DAMAGE AWARD.NO DAMAGE AWARD.
• THE PIPELINE EASEMENT THE PIPELINE EASEMENT COMPENSATION COVERED ANY COMPENSATION COVERED ANY DAMAGES.DAMAGES.
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• 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.