Iya Patarkatsishvili, daughter of a Georgian billionaire, sued property developer William Woodward-Fisher after discovering a moth infestation in the luxury mansion she purchased. After a court ruled in her favor, Woodward-Fisher was found to have misrepresented the home's condition during the sale. The judge ordered a refund of the purchase price, resulting in a total bill exceeding £36.5m for the developer due to interest and compensation, emphasizing the importance of honesty in real estate transactions.
The court has ordered that the couple be refunded the full purchase price of £32.5m while Mr Woodward-Fisher’s total bill has soared to over £36.5m.
The case highlights issues of transparency and honesty in property transactions, indicating significant legal repercussions for failures in disclosing property conditions.
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