Reno, Nevada – A Nevada home buyer literally got more than she bargained for after he ended up with A full set of lottery In a subdivision in the midwestern part of the state – while buying a single-family home.
The buyer was originally buying a single-family home in Sparks, Nevada, valued at $594,481. However, the Washoe County (Nevada) resident and the Washoe County Registrar had records showing that the buyer acquired not only the property she was purchasing but also 84 additional home lots—and two additional lots—in the Toll Brothers Stonebrook project northeast of Reno.
Real estate includes many home sites that have already been built and sold. At least 64 items have been placed under the buyer’s name as of Saturday.
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The transaction was flagged by the resident’s office, which says it quickly notified the address company involved in the problem. the culprit? Apparently, all it takes are four keystrokes to mistakenly grant someone title to a multi-million dollar property.
“The Westminster Title outside of Las Vegas appears to have copied and pasted a legal description from another Toll Brothers transfer when preparing the (home buyer) bond for registration,” Cori Burke, a senior deputy resident of Washoe County, said upon arrival Monday.
“Because it was so obvious that an error had occurred, our Valuation Services department contacted Westminster Title immediately so they could begin work on correcting the ownership chain of the 86 properties that were transferred in error.”
The Washoe County Resident Office updates property information for such transactions based on the legal description provided in the registry rather than the package number, according to Burke. In this case, the legal description of the transaction that was formally registered on July 25 specifically stated that it included “Pieces 1 through 85 … and common areas A and B.”
Reporting errors resulting from incorrect legal descriptions actually happen “fairly often,” largely due to copy-and-paste errors, according to Burke.
“This particular case is a little more interesting because of the number of pieces involved,” Burke said.
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Correcting the defect will require the buyer of the home in question to return the address to Toll Brothers. Once these documents are registered, Burke said, ownership can be transferred from Toll Brothers to any new property owner through our normal process.
How easy the process is depends on how cooperative the other party is. With so many properties in question already being sold to other buyers, any long delay in reclaiming the title could cause a potential headache.
Burke said, “I think someone could try to make things difficult. However, the company that holds the title also has a bid and buyout on file, so the intent is very clear. I think he’s going to lose in court and I doubt that will happen in many cases.” Sometimes, though.”
The Reno Gazette Journal has reached out to Toll Brothers for comment. RGJ also reached out to a Sparks resident of the same name as the buyer and received a “No Comment” response with a smiley face emoji.
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