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VSH v. Texaco
From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
| 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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