Sheridan plans legislation to protect home buyers

By BETH WHEELOCK ( Contact )   Thursday, July 31, 2008
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Representative Mike Sheridan of Janesville wants to tackle a recent state supreme court decision that rules home buyers cannot sue a home seller if they knowingly misrepresent their property.

Sheridan says the ruling adds more doubt into the marketplace in the time of a severe housing crisis. He says this will become a priority after the first of the year. He says if there is no punishment for knowingly deceiving a home buyer, then it only seems to reason such abuses will increase.

He and other lawmakers will be working the the Wisconsin Realtors Association and Wisconsin Association for Justice.







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