Aquafun Co is looking to purchase a new swimming pool complex to expand its operations into South West England. After a long search, a complex built in 1970, owned by Waterplanet, is found. Aquafun is particularly anxious that the council has no plans to develop or purchase the land adjoining the complex, and Waterplanet assures Aquafun that the council has no such plans. Aquafun hires a private inspector to examine the premises and the inspector finds no problems. After the property is purchased, the city building inspector sees that the water pipes are completely rusted and will have to be replaced. Waterplanet was aware of this. Aquafun also learns that the council has plans to develop a waste treatment plant in the land adjoining the complex, and that Waterplanet was aware of these plans. Advise Aquafun.