LAKESIDE AT TESSERA
Guerra LLP is investigating claims that the developer of Lakeside at Tessera misled homebuyers about the nature and quality of the community’s shared amenities.
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Frequently Asked Questions
Can I still participate if I bought my home from the original homeowner?
Potentially, yes. A homeowner who purchased from a prior owner may still have a claim depending on the facts, including what representations were made or available at the time of purchase, whether the homeowner relied on marketing materials or statements regarding the community amenities, and when the homeowner first learned of the issues now under review.
Can I still participate if I bought my home in 2022?
Potentially, yes. Eligibility is not based on the year of purchase. The more important questions are what information was provided or available to the homeowner before purchase; whether the homeowner relied on representations about the community amenities, governance, or assessments; and when the homeowner learned that those representations may not have been accurate.
If I sell my home, can I still be included in the litigation?
Potentially, yes. Selling the home does not necessarily eliminate a homeowner’s potential claim, but may limit the damages a former homeowner will get. While it is too early to determine exactly how damages will be measured, one theory under review for homeowners who have sold their homes is whether homeowners paid more for their homes than they would have paid had they known the full facts regarding the community amenities, governance, assessments, and related issues. Each situation will need to be reviewed individually.
If I already sold my home, can I still participate?
Potentially, yes. Former homeowners may still have claims depending on when they purchased, what information they relied on, when they learned of the issues, and whether they experienced a financial loss connected to the alleged conduct. Each situation will need to be reviewed individually.
Is there a specific cutoff date for the developer’s marketing materials?
Not at this time. The relevance of a marketing statement or document may depend on when it was made, the media platform used, who saw it, whether it was available to the homeowner, and whether the homeowner relied on it in deciding to purchase or remain in the community. From a claim-evaluation standpoint, one critical date is when the homeowner first learned that certain amenities may not have been private or may not have been available as represented.
What documents should I provide if I am interested in participating?
Helpful documents may include purchase agreements, closing documents, seller disclosures, dedication deeds, HOA or PID documents, service plans, community marketing materials, emails, brochures, screenshots, website materials, amenity maps, communications with the developer, HOA, sales agents, or realtors, and any documents reflecting what was represented about the amenities, operating costs, assessments, or community governance.
Does completing the intake form mean I am represented by the law firm?
No. Completing the intake form allows the legal team to review your information and follow up with you. A person does not become a client unless and until a written representation agreement is reviewed, signed, and accepted by both the person and the law firm.
What happens after I complete the intake form?
A member of the legal team will review the information submitted and follow up regarding next steps. If you have questions before deciding whether to sign up, you may note that in the form and someone from the team will contact you.
Will I have an opportunity to speak with an attorney?
Yes. If your question requires attorney involvement, the team will coordinate an attorney call. General intake, document collection, and process questions may first be handled by a member of the legal team.
Is there a deadline to sign up?
No specific public deadline has been set at this time. However, residents who are interested should complete the intake form as soon as possible so the legal team can review their information and follow up.
How are contingency fees determined?
A contingency fee of 40% is industry standard because it allows law firms to manage the risk that accompanies complex cases. Importantly, you pay nothing if we do not recover anything.
Is there an advantage to having all property owners sign up?
Potentially, yes. Every case is different, and we cannot predict how the case or any recovery may develop over time. However, having all property owners participate may help avoid ownership-related issues and may improve the odds of a full recovery related to the property. If you have questions about who should participate, our team is happy to discuss your situation.
