[jackz]

I posted the following yesterday in the Ask Legal and after never hearing back from Legal, I am posting in the general forums so I can hear from other residents.

Would appreciate your input:

Original Post:



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We put a deposit on a lot in Sanibel in Sept 2011 and are scheduled to start our build in early Sept 2012.

When we signed our agreement for the lot there was no information about sinkholes in the area as it was new.

Last week a large sinkhole opened up on the lot next to ours.

What is the Delelopers responsibility regarding disclosing this info and any new options to us?

Could we withdraw our offer based on this new information?

Thanks