In May 2006, plaintiffs and defendant entered into a lease agreement whereby plaintiffs would lease a gas station from defendant for a period of ten years. Apparently, the site of the gas station had been found to be a site of environmental contamination in 1996—a fact known by defendant but not disclosed to plaintiffs at the time of the lease. Plaintiffs contacted the Michigan Department of Environmental Quality (MDEQ) in late 2007 and
Posts Tagged ‘Gas Station’
The Michigan Court of Appeals in 1031 Lapeer LLC v Rice makes a decision that requires transferors (lessors and sellers) to provide full written disclosure of all known site contamination to the transferee (lessee and buyers) or be subject to rescission and damages
November 3rd, 2010 
Ed Shuttie 
Posted in Latest Blogs 
Tags: Attorneys, Breach Of Lease, Corporate Clients, Court Of Appeals, Courtroom, Defendant, Don Chisholm, Donald Chisholm, Environmental Contamination, Fraudulent Misrepresentation, Functional Difference, Gas Station, Individual Partners, Lease Agreement, Lease Contract, Lessee, Lessors, Magistrate, Mcl, Mdeq, Michigan Constitution, Michigan Court Of Appeals, Michigan Department Of Environmental Quality, Oakland County, Partnership, Plaintiffs, Property Taxes, Real Estate Partnerships, Rescission, Shapiro, Statutory Duty, Taxable Value, Taxable Values, Transferee, Trial Court, Written Disclosure 
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