ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Nevada woman makes a copy-paste error in her house paperwork. Now, she's the owner of 85 homes

Her new properties were estimated to be worth around $50 million.
PUBLISHED OCT 4, 2024
Cover Image Source: Getty Images | Iryna Melnyk (Representative)
Cover Image Source: Getty Images | Iryna Melnyk (Representative)

Sometimes even a small error can lead to something huge. Such is the story of a woman from Nevada who accidentally bought an entire neighborhood of  85 homes instead of one due to a copy-paste typo in her paperwork. The homeowner who chose to remain anonymous spent $594,481 on what she believed to be one home in Sparks, northeast of Reno, Nevada. However, later while filling out her paperwork with the assessor in Washoe County, she realized that she was now the owner of 84 further properties, as well as two common spaces. Her new properties were estimated to be worth around $50 million meaning she got a lot more than what she had initially planned.

Representative Image Source: Getty Images | 	Michael Godek
Representative Image Source: Getty Images | Michael Godek

According to the documents, she owns ‘lots one through 85… and Common Areas A and B’ all due to a mistake in her papers. Cori Burke, the chief deputy assessor, said that the issue was in the Westminster Title, which is a full-service title company in Las Vegas. The shocking mistake meant that the home buyer was given the title deeds for tons of other properties too. "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, via The Reno Gazette-Journal. Because it was pretty clear a mistake was made, 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," he added.



 

Reno real estate agent Janice McElroy later told NewsNation that all of this happened only due to a clerical error. “How is a regular person going to know what the lot number is, and all of the parcel numbers of the property that they’re buying, if they have the incorrect information to match it with? They’re relying on the information that the title company has provided them,” McElroy said

She also explained how only 5% of clients take their time to read all the fine print in the numerous documents necessary for buying a house, as per McElroy. “I have never seen anything this huge of a mistake. But I have seen mistakes happen where water rights have been left off from the transferring of a title. That could be a big deal. If someone doesn’t want to play nice, they may not have to," she added.

Representative Image Source: Getty Images | 	venuestock
Representative Image Source: Getty Images | venuestock

While the homeowner could make the process of correcting the mistake difficult, there have been no reports of her refusing to hand the homes back. Burke also said that these issues can happen fairly often however there have been no mistakes that are this big. "This particular case is just a little more interesting because of the number of lots involved," Burke added. "It is cut-and-dry for us, but we only see the recorded documents, not what the title company goes through to get a clear title," Burke said. "However, the title company also has the offer and acceptance for the purchase on file so the intent is pretty clear. "I would think it would be a loser in court and doubt it happens often, if at all," he added, via Daily Mail.

MORE ON MARKET REALIST
Given her celebrity status, Harrison cut her some slack in the negotiations.
1 hour ago
The deal ultimately fell apart as the seller, Scotty was looking to get $375,000.
21 hours ago
The guest was blown away by the six-figure appraisal for his father's John Falter illustration.
1 day ago
Harvey just couldn't believe that the contestant could come up with an answer like that.
1 day ago
Antoinette's win was even more special because she needed a car more than anything at that point.
2 days ago
The player, Catrice Sandt, nearly blew the Bonus Round puzzle by saying too many words in the end.
2 days ago
The co-founders of Nature's Wild Berry left the Sharks in shock with their miraculous product.
2 days ago
The contestant named Whitney could barely control her emotions as she celebrated with Ryan Seacrest.
3 days ago
The player named Kathy Young missed out on the Showcase Showdown as she had to leave.
3 days ago
Harrison closed a mega deal by scooping up three post cards for the price of one.
3 days ago
The guest who brought his father's prized possesion, had already made up his mind.
4 days ago
Harvey got a genius solution to avoid asking an awkward question to Carson Kressley's family member.
4 days ago
The player could barely control her excitement as she had a near-perfect game on the show.
4 days ago
Harrison knew it was too good of a collection to let go, and he decided to raise the stakes.
5 days ago
The guest who had little no idea about his family heirloom was shocked to know its significance.
5 days ago
Despite making a higher than usual offer, Harrison failed to close the deal.
6 days ago
The guest regretted that she wouldn't be able to keep the highly valued item in her home anymore.
6 days ago
They also triggered a showdown between Mark Cuban and Daniel Lubetsky before closing the deal.
6 days ago
As Heather took a second to solve the final puzzle, Seacrest admitted she made it look easy.
7 days ago
Carey suffered a similar snafu a few months ago while playing the same game of 'Bullseye'.
7 days ago