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Updated Thursday, March 18, 2010 9:49 am TWN, The China Post news staff

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Seller to pay NT$990,000 for concealing property flaws

HSINCHU, Taiwan -- A court ordered a seller to compensate his buyer NT$990,000 for concealing important information about a Hsinchu property, local media reported Tuesday.

　Hsinchu District Court ordered the previous property owner to not only refund NT$ 4.95 million for the property, but also compensate the buyer NT$990,000 — NT$260,000 for renovations and NT$730,000 for breach of contract.

　According to local reports, the buyer, surnamed Hsu, sued the seller when she discovered a previous suicide from carbon monoxide inhalation in the two-story house.

　She had purchased the property on Nanda Road (南大路) for her marriage last July, but discovered its unfavorable history from her neighbor a year later.

　The house was rented out for a few years after the incident, according to a neighbor, but was unoccupied afterwards.

　Similar cases have happened in the past. A Taipei County man, surnamed Li, was found guilty of fraud and compensated his buyer NT$860,000 for concealing the fact that a previous death occurred on the property.

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