Contracts
A Kentucky buyer discovers that the property they are under contract to purchase has an unrecorded easement that was not disclosed. The buyer's remedies may include:
AOnly requesting a price reduction
BRescinding the contract, suing for damages, or requiring title insurance to cover the easement✓ Correct
COnly filing a complaint with KREC
DAccepting the easement as part of the transaction
Explanation
An undisclosed easement may be a title defect allowing the buyer to rescind the contract, seek damages from the seller for misrepresentation, or require title insurance to protect against the easement.
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