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Worcester Heritage Society, Inc. v. Trussell
Citation:31 Mass. App. 343, 577 N.E.2d 109 (1991)
Plaintiff conveyed the house to defendant in 1984 for $20,100. At the time, the house was uninhabitable. Trussell bought it to restore it, agreeing to obey historic preservation restrictions. Per the agreement, he had to complete the restoration of the exterior in a year, but there was no time limit regarding the interior. Before buying, Trussell proved to the Society his ability to invest the purchase price plus $45,000, which was the estimated cost of restoration. After the transfer, Trussell lost his job, which slowed work on the house as he lacked the necessary funding. He hoped he would get additional funding from his father’s estate. Five years later, work on the exterior was still incomplete, with about 65-75% of it being done. No work had been done on the interior. The necessary remaining work was estimated to cost $100,000, which was higher than had been estimated at the time of the sale. Society sued for rescission.
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