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ALAFACE v. NATIONAL INV. CO.

No. 1 CA-CV 91-0210.

181 Ariz. 586 (1994)

892 P.2d 1375

Domenico ALAFACE (Deceased) and Beatrice Alaface, husband and wife, Angelo Alaface, as Personal Representative of the Estate of Domenico Alaface, Plaintiffs-Appellants, Cross Appellees, v. NATIONAL INVESTMENT COMPANY, an Arizona corporation, Defendant-Appellee, Cross Appellant.

Court of Appeals of Arizona, Division 1, Department A.

Review and Cross-Petition for Review Denied April 25, 1995.

Attorney(s) appearing for the Case

Law Offices of David L. Lange by David L. Lange, Prescott, for plaintiffs-appellants cross appellees.

Favour, Weaver, Moore, Wilhelmsen & Schuyler, P.A. by John B. Schuyler, Jr., John M. Favour, Mark M. Moore, Prescott, for defendant-appellee cross appellant.

OPINION

GRANT, Presiding Judge.

This appeal concerns an action to recover damages that allegedly resulted from misrepresentations made in the sale of a subdivision lot. We hold that (1) appellants' consumer fraud claim is barred by the statute of limitations; (2) the Arizona subdivision reporting statutes apply to appellee, but appellants' remedy under the statutes is limited to rescission; (3) appellee is not liable for the alleged misrepresentations by...

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