VSH v. Texaco: Difference between revisions

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(Created page with "{{Infobox Case Brief |court=1st Circuit |citation=757 F.2d 411 |date=March 15, 1985 |subject=Contracts |case_text_links={{Infobox Case Brief/Case Text Link |link=https://www.quimbee.com/cases/v-s-h-realty-inc-v-texaco-inc |source_type=Video summary |case_text_source=Quimbee }}{{Infobox Case Brief/Case Text Link |link=https://law.justia.com/cases/federal/appellate-courts/F2/757/411/426173/ |case_text_source=Justia }} |case_videos={{Infobox Case Brief/Case Video |service=Y...")
 
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|date=March 15, 1985
|date=March 15, 1985
|subject=Contracts
|subject=Contracts
|other_subjects=Property
|facts=* V.S.H. Realty, Inc. = "VSH" = plaintiff = company offering to purchase a petroleum storage facility
* Texaco, Inc. = Texaco = defendant = commercial property seller
* In the sales contract, Texaco stated that there were no government investigations on the facility & only 1 oil seepage
* VSH agreed to purchase the commercial real estate "[https://www.quimbee.com/keyterms/as-is as is]."
* After the purchase, VSH noticed several areas of oil seepage on the property.
*
|case_text_links={{Infobox Case Brief/Case Text Link
|case_text_links={{Infobox Case Brief/Case Text Link
|link=https://www.quimbee.com/cases/v-s-h-realty-inc-v-texaco-inc
|link=https://www.quimbee.com/cases/v-s-h-realty-inc-v-texaco-inc

Revision as of 15:46, January 25, 2024

VSH v. Texaco
Court 1st Circuit
Citation 757 F.2d 411
Date decided March 15, 1985

Facts

  • V.S.H. Realty, Inc. = "VSH" = plaintiff = company offering to purchase a petroleum storage facility
  • Texaco, Inc. = Texaco = defendant = commercial property seller
  • In the sales contract, Texaco stated that there were no government investigations on the facility & only 1 oil seepage
  • VSH agreed to purchase the commercial real estate "as is."
  • After the purchase, VSH noticed several areas of oil seepage on the property.

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