Is it REALLY “Lakefront” Property? My Unscientific Test
“Lakeview” vs. “Lakefront”
In a state famed for its 10,000 lakes (actually, 11,842), you’d figure that there are a lot of lakefront homes in Minnesota.
And there are.
But, I’m guessing, not nearly as many as are indicated on MLS.
My test for truly qualifying as “lakefront”: someone can walk barefoot — at least in the Summer — from the property to the waterfront, without crossing anyone else’s property or leaving the subject property.
Which means that lots of “For Sale” homes are more properly labeled “across from” a lake, “next to” a lake, or the equivalent.
P.S.: Can a Buyer sue a Seller for misrepresenting that a home is “lakefront” property?
My hunch is “no,” at least in most cases.
That’s because one of the elements for proving misrepresentation is reliance, and someone who’s viewed the property and had a chance to determine that the home isn’t in fact on the lake would no longer be entitled to rely on the Seller’s representation otherwise.
See also, “Skyline Views? You Judge.”
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