Week 11 Discussion
Reich agreed to buy a residence from Thomas. The contract contained no contingencies except for financing by means of a mortgage. Before the closing, Reich learned that the title was flawed because of a judgment against the property. He also discovered an easement for an overhead power line. Reich canceled the contract and refused to go ahead with the closing.
Answer the questions below and discuss this case in an essay format
Questions
1- Is Reich entitled to cancel the contract because of the judgment?
2- Is Reich entitled to cancel the contract because of the easement?
3- What terms, if any, should the purchase contract have contained to cover these situations?
Instructions
Discuss and cite the resources.
Provide examples for each and one case lawsuit example of violations of the employer-employee relationship.
Provide one external source and cite it in your writing following the APA 7th edition style.
Cite all sources, including YouTube videos.
Use the internet to visit news websites, a government website, etc., to find cases, examples, etc.
The initial post should contain 250-300 words
Note:Grading will be based on the quality and logic of the discussion and not necessarily on the word count. Please ensure that all references follow the APA 7th edition guide (Please provide at least one external source= 2 points.)
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