Quote:
Originally Posted by janmcn
Why would a seller get to dictate how a building they are selling gets to be used in the future, as long as no zoning violations are involved. We all know that it operated as a restaurant for several years. It was the developer that allowed the building to set empty and deteriorate, thus leading to it's need to be torn down. Nobody knows, at this point, that Ms Tutt wasn't instructed to give a false statement about the building's usage.
|
It is not unheard for a seller to put into a contract what the property can or can't be used for in the future. There are many examples. A church building is sold and the owners don't want it to be turned into a nightclub. The owner builds another new restaurant nearby and doesn't want the building to be competition, etc. etc.
As to "why" in this case, it would only be speculation.
I don't believe that Ms. Tutt would knowingly give a false statement for the Developer or anybody.