Due to a clerical error, a woman inadvertently purchased a whole neighborhood of 85 lots, many of which already had homes constructed on them, rather than just one house.
The lucky woman paid $594,481 for what she thought was a single residence in Sparks, Nevada, northeast of Reno. The homeowner, who resides in Nevada but has not been recognized, wishes to remain unidentified.
Nonetheless, after completing her paperwork with the Washoe County assessor, the woman realized that she was now the owner of 85 homes as well as two common spaces.
According to estimates, the 85 properties are worth around $50 million, indicating that she received far more than what she paid for.On July 25, the documentation said that she owned «lots one through 85… and Common Areas A and B» due to an apparent mistake in her papers.
Cori Burke, Washoe County’s chief deputy assessor, thought Westminster Title, a «full-service title company» in Las Vegas, was responsible for the error.
The unexpected error resulted in the buyer acquiring title documents for a large number of additional properties.
«It appears Westminster Title out of Las Vegas may have copied and pasted a legal description from another Toll Brothers transfer when preparing (the homebuyer’s) deed for recordation,» Burke said of the transaction.
«Because it was pretty clear a mistake had been made,» she said, «our assessment services division reached out to Westminster Title right away so they could begin working on correcting the chain of title for the 86 properties transferred in error.»
After being reissued with the modifications, the developers will purportedly get a transfer of ownership titles back to them.
Nonetheless, the present proprietor may choose not to accept the transfer; however, there is no evidence that she intends to do so.
«This particular case is just a little more interesting because of the number of lots involved,» Burke stated. For us, it’s simple, but we just see the recorded paperwork, not what the title business goes through to obtain a clear title.»
«I believe someone could try to make things tough. The title firm, on the other hand, has the offer and acceptance for the purchase on file, so the purpose is very evident,» she noted.
«I think it would be a loser in court, and I doubt it happens very often, if at all.»
When asked about her newly founded business empire by The Reno Gazette, the anonymous lady just answered with a smiley emoji.