[Download] "Stormont V. Astoria Ltd." by Alaska Supreme Court # eBook PDF Kindle ePub Free
eBook details
- Title: Stormont V. Astoria Ltd.
- Author : Alaska Supreme Court
- Release Date : January 17, 1995
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
In April 1992 Michael Stormont signed a lease and an option to purchase real property, including an eleven-unit apartment complex and house (the property), from Astoria Limited (Astoria). These documents repeatedly reiterate that Stormont accepts the property "as is." In May, a city inspection determined that the building was a "dangerous and substandard building," and in June a building inspector sent Stormont notice that the property would have to be vacated and demolished. Stormont sought rescission of the lease and option on the basis of mistake, frustration and misrepresentation. He also sought reliance damages, averring that he had expended considerable time and money renovating the property. Astoria counterclaimed for past due payments under the lease. The superior court granted summary judgment in favor of Astoria, and Stormont appealed. We affirm.
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