Can I sue a realtor if I’m oversold a piece of land?
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Can I sue a realtor if I’m oversold a piece of land?
I was offered ‘two lots for the price of one’ in Eustis, Florida. New Link Destination
tal I paid was $14900. I found out after the closing, as a matter of fact today, on realtor.com, the lots appear as
Asked on September 23, 2017 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
No, there is no legal claim or lawsuit for overpaying. The law does not guaranty you a good or even fair price, especially for real estate (where is no standard pricing; the price is whatever the buyer agrees to pay). You chose to pay $14,900; you could have negotiated a lower price or refused to buy the lots if you thought they were not worth what was being asked for them. Having chosen to buy them at that price, you have no recourse or claim if you later decide you overpaid.
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