So have I. B1 CSLB license since 1985.
The flipper is trying to take 4-6000 sq. of his neighbors land by adverse possession under the guise of a mistake by his lack of due diligence.
Sorry brother, this isn't the Wild West where some dipshit can simply come in and take Real Property.
He should...
The discrepancy could of been realized during an inspection by the building inspector verifying setbacks at some point before signing off for final inspection.
Hopefully the flipper didn't yank out any monuments trying to hide the situation.
If you reduce the sq. footage of the lot to anything below 43,560 sq feet (1 acre) and you decide to sell the property you wont be able to advertise it as a legit "1 acre".
It will have to be disclosed at the new exact sq. footage instead.
Just something to consider.
May not go to far within the US.
One of the joint provisional liquidators in the Bahamas who is overseeing this FTX mess says he rejects the validity of FTX’s chapter 11 bankruptcy filing in the US. saying he did not authorize it and that SB-F established the FTX networks that were managed and...
95% probability of at least .75% rate hike. Now starting to price in a full percentage point.
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Buckle up Kids! You're going for a ride.
A crisis in the bond market will bring everything down along with it. Something is definitely going to systemically break. The question now is how bad is it? The Feds balance sheet will probably go way north of $10 Trillion, at a time they're suppose to be tightening, by attempting to bail out...