eBook details
- Title: Nrc v. Robert J. Pickhardt
- Author : Sixth District, Texarkana Court of Appeals of Texas
- Release Date : January 07, 1984
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 54 KB
Description
Robert Pickhardt sued National Resort Communities, Inc. (NRC) for special damages and to rescind his purchase of two lots near Lake Travis in Austin. He alleged that NRC committed fraud in failing to advise him of the existence of a flooding easement, and failed to disclose that his lots were below the 715 foot mean sea level and not suitable for a home site. The jury found that NRC committed an act of fraud and the court entered judgment for Pickhardt in the sum of $68,665.78. NRC contends that because the flooding easement was recorded in the deed records, Pickhardts cause of action was totally barred by the statute of limitations when he did not file his suit within four years of his purchase. We disagree and affirm the judgment.