Liability?

[TJ1212]

I sold a lake home in Minnesota one year ago. The buyers did not request a survey. Since then the previous neighbor has had a survey done to his property and states that the sewer lift station on the property I sold is partially on his property. Are the new buyers responsible for any financial liability as it is now their property?

 

[adjusterjack]

Are the new buyers responsible for any financial liability as it is now their property?

I'd say so.

Why? Are they telling you that you are responsible?

I hope they bought an owner's title insurance policy when they bought the property.

 

[TJ1212]

Yes, they are “hinting about litigation “.

 

[FlyingRon]

Hinting, even threatening to sue is very easy. It's a bit more involved to actually do so and even harder to prevail.

I'm confused as to what the "financial liability" for anyone is here, anyhow.

 

[HRZ]

How long has the pump station been there...less or more than 15 years and is it in plain view ?

 

[TJ1212]

How long has the pump station been there...less or more than 15 years and is it in plain view ?

The sewer/lift station is 4 years old, and it’s s in ground