Talk of The Villages Florida - View Single Post - Latest Development in the IRS Tax-Exempt-Bond Investigation
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Old 07-30-2011, 03:43 PM
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Quote:
Originally Posted by The Shadow View Post
If you or I sell a house in Florida we will have to fill out a form called “Seller’s Real Property Disclosure Statement” . Questions like question #1a. Are you aware of existing, pending, or proposed legal actions, claims, special assessments, ……..affecting the property. If yes explain……

In my thinking if I sell my house in TV and I do not answer #1a. with IRS, grounds would exist for a civil suit against me for damages. Note I am not a lawyer.

If anything changes on this form you must inform your buyer of the change in 5 days.

If I am obligate to provide this information TV should also.
I hear what you are saying Shadow but isn't the property in question the special CDD's? not individual property? And TV development at this point is not under any proposed legal action even for this issue. Right?

But the point about this being a good place to find out about these things is a good one.