The thought of having your home or business labeled a "sinkhole property" is terrifying for most. Thankfully, many of you will never need to deal with selling a sinkhole property. Under Florida law if a property has sinkhole activity you must disclose this information when you sell the property.
A Florida couple could face up to 20 years in prison each after lying to their insurance company. Looks like they will not be collecting $200 Dollars.
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Florida couple charged after failing to disclose sinkhole.. couple faces mortgage fraud charges after selling their home and failing to notify the buyers about sinkhole activity. The Tampa Tribune reports that Rickey and Frances Shew received a $240,000 settlement from Florida Farm Bureau.
A federal jury found a Florida couple guilty of wire fraud after they sold their house to a family with five children and deliberately hid the fact that there was a giant sinkhole beneath the house. Glenn and Kathryn Jasen, who will be sentenced in January, could face up to 20 years in prison, but.
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Florida Couple Charged After Receiving Sinkhole Settlement, Selling Home First time home buyers in Florida are often nervous about purchasing a home that sits on top of a sinkhole. Given the fact that sinkholes are a predominant feature in Florida, it’s a valid concern.
How can I sell my unrepaired sinkhole home? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
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In Hernando County, if an engineering report has been made, a permit had to have been filed. It’s in public records, so it’s not a terribly difficult thing to check for ones customer. Not only does one have to disclose if the home he/she is selling is a sinkhole home, but also if the neighboring properties have ever had a problem.
Florida Statutes regulating public adjusters. important changes have been made to the Florida Statutes regulating the business of public adjusters in the past couple of years. Below are some that are the most important, Customer and Insurer Contact