"The court has ordered that the couple be refunded the full purchase price of £32.5m while Mr Woodward-Fisherâs 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."
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.
Read at www.standard.co.uk
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