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Article #6348

Re: Help! Power company putting in high-voltage lines!

#6348
From: Lloyd Robbins
Date: Mon, 15 Nov 1993 14:51
30 lines
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According to someone I talked to who used to work for FPL, the price
difference between poles and underground is 10-20 times more expensive 
for underground. (Which I find rather hard to believe, but he was
adamant about it.)

But, now an interesting twist to the problem. I found out this weekend
that both the seller and the seller's agent knew about the plans for the
lines. The agent (or his father, I haven't figured out which yet) is 
a state representative. The head of the homeowners assocation sent a 
copy of a letter she sent to all of her elected officials to the 
real estate office over a month before we closed.  And she said that
she talked to the sellers at about the same time.

So, I'm wondering if this would be considered a "hidden defect" that 
they were legally obligated to disclose. If it drops my property 
value 10 to 50 percent, I'd call that "materially affecting the stated
value" of the property.

So, back to my buyers agent and see what my options are. Anybody know a
good real estate lawyer in Cocoa, Florida? :-)

Lloyd



-- 

Lloyd Robbins
lloyd-robbins@ksc.nasa.gov
"Managing programmers is like herding cats."
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References: <1993Nov10.161536.26788@dale.ksc.nasa.gov> <CGEAoo.3Az@encore.com>

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From: lrobbins@dale.ksc.nasa.gov (Lloyd Robbins)
Subject: Re: Help! Power company putting in high-voltage lines!
Message-ID: <1993Nov15.145144.4940@dale.ksc.nasa.gov>
Organization: NASA
References: <1993Nov10.161536.26788@dale.ksc.nasa.gov> <CGEAoo.3Az@encore.com>
Date: Mon, 15 Nov 1993 14:51:44 GMT
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