- Jurisdiction
- Ohio
5 members of our family inherited a defunct corporation, and it had to be reinstated in order to liquidate the assets, which were basically 4 connecting parcels of real estate owned by the corporation. After the parcels were free of the corp,, we hired a real estate firm which found a buyer. When we closed on the property, we signed numerous papers, two of which listed the four parcels by parcel number.
5 years later, we are all being sued by the new owner (through an attorney) because he decided to sell the parcels separately to take advantage of the building boom in the area. He found that the parcels were no longer separate, but merged into one, without the knowledge of him or any of us sellers. Since we as previous owners could not have done that, we can only assume the title agency took it upon themselves to merge 4 parcels into one, after we closed on the property. What can we do in this situation?
5 years later, we are all being sued by the new owner (through an attorney) because he decided to sell the parcels separately to take advantage of the building boom in the area. He found that the parcels were no longer separate, but merged into one, without the knowledge of him or any of us sellers. Since we as previous owners could not have done that, we can only assume the title agency took it upon themselves to merge 4 parcels into one, after we closed on the property. What can we do in this situation?