Real estate environmental contamination 386

Premises Liability is another area of San Diego Personal Injury Law.

Sharabianlou v Karp 181 Cal.App.4th 1133 (2010) (1/5) Commercial real estate transaction fell through when buyers discovered environmental contamination.  Trial court ordered CC § 1692 recision, denied buyers’ tort claims and awarded sellers attorney fees and damages (based on lower price of later sale and the lost income from using the proceeds to buy less profitable property than they would have bought if sale had gone through).  Reversed: recision is to restore parties to their original position, and awarding benefit-of-the-bargain damages did more than that. [2] Both parties on appeal lost issues (setoff and reliance costs) for failing to cite the record.  CRC 8.204.  San Diego personal injury attorney.

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