Facts: Opposing party sought approximately $20,000 from client based on an allegation of fraud in connection with the sale of a home. The opposing party alleged that she had signed over the deed to her home to a third party in exchange for a promise made by a third party that he would sell the home and pay off the mortgage. The third party transferred the deed to our clients, and while our clients owned the property, the property was foreclosed by the lender. The opposing party sought approximately $20,000 in damages based on the fact that the home was not sold and had been foreclosed and that our clients had failed to forward rent payments collected during their ownership.
Result: Case settled for client’s payment of $1,000 and the third party’s payment of $1,000.
Amount Client Received: n/a