There are many reasons S Corps should not hold real estate. Here we see it, again.

"The Scorp did pay all property taxes."

As business expense? Or as distribution? Is this person the only shareholder?

"whos name the title is in to where the sale goes"

You can't sell what you don't own.

His financial statement is investment in the Company, and nothing states there is land and a building for either the individual or the business?

And make sure to clarify if he is selling the business, and/or the S Corp entity. Those are not synonyms.