Tort/Negligence – Fraud – Misrepresentations – Real Property — Mortgages & Guaranties – Foreclosure – Sale PriceBOGNC, LLC v. Cornelius NC Self-Storage LLC Only one of the third-party defendants is alleged to have presented falsified records to a foreclosure-sale bidder in order to convince the bidder not to file another upset bid. Since the third-party complaint does not allege any false representations by the other third-party defendants, the fraud claim against those other third-party defendants is dismissed.
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Published: May 17, 2012
Time posted: 11:42 am
Tags: foreclosure, Fraud, Misrepresentations, Mortgages & Guaranties, Real Property, Sale Price, Tort/Negligence