Posted on 05/15/2024 5:32:40 AM PDT by where's_the_Outrage?
Annaleine “Anne” Reynolds snapped up some vacant land in Hawaii for about $22,500 at an auction back in 2018.
Reynolds planned to create a picturesque oceanview home using sustainable materials on Puna's Hawaiian Paradise Park lot to host her meditative healing women’s retreats.
“There’s a sacredness to it and the one that I chose to buy had all the right qualities,” Reynolds told Hawaii News Now.
But while she waited out the COVID-19 pandemic in California before getting started on construction, a real estate broker mistakenly sold the property to a developer, who bulldozed the lot and built a three-bedroom, two-bathroom house worth about $500,000.
Now, Reynolds, along with the real estate agent, the construction firm, the architect, the prior property owner’s family and the county — which approved the permits — are reportedly being sued by the developer, Keaau Development Partnership.
"It would set a dangerous precedent, if you could go on to someone else's land, build anything you want, and then sue that individual for the value of it," Reynolds’ attorney, James DiPasquale, said........
She also said she’s unwilling to swap lots since the original property fits all of her parameters, including the position of the stars, numerology and the “feel of the land.”
(Excerpt) Read more at msn.com ...
You’re all missing something. Anybody here think she just may have hit the jackpot?
Think about it.
Agree...not the same as 200’ of ocean frontage
We had a similar case here in Florida a few years back in the county next to ours, although with a slightly different twist.
A plot of wooded land was subdivided into lots for a new subdivision.
A man bought a lot at the end of a cul-de-sac as an investment.
A builder bought a lot next to his to build a house.
The construction crew came and cleared the wrong lot, laid the foundation and began the construction.
The man that owned the lot came and saw the construction going on BUT DID NOT ATTEMPT TO STOP IT.
Instead he let them finish the house, then tried to get ownership through the courts, but the judge slapped that attempt down, making the two parties trade lots.....................
Rd later.
I concur, she owns the building, real estate broker at fault, developer at fault some that they did not do enough due diligence, but they need to sue the broker, not the property owner.
Having said that, I can envision several scenarios where the owner of the property may have some partial liability in the matter. Maybe she owned the property through an LLC that wasn’t properly registered, or had the wrong address listed in the public records and she didn’t respond to certified mail inquiries. Or maybe the title itself wasn’t properly filed.
There’s also a good chance the plaintiff is hoping she has a title insurance policy that could be tapped for a claim here.
At the end of the day, it sounds like the real estate agent’s professional liability coverage should be the primary avenue for a financial settlement.
One possibility, is that not all the facts are stated in the article, or some of the stated facts are incorrect.
A survey will tell you where the property lines are according to the legal description of the property on the deed.
It won’t tell you who the legal owner of the property is.
In Ohio you won’t buy real estate with out a Title Search. Companies exist that do nothing other than title searches and guarantee there work. They ensure that the property you are buying has a clear title and that you are buying that property from the legal owner.
Assuming this developer hired a title search company that company should be whom they are suing other than the real estate broker.
Yep. That was an act of bad faith on his part. Courts take a very dim view of that especially when you then try to seek relief.
There was a similar case I learned about in law school. Same deal with a big plot of land subdivided up into individual plots. Well it turns out the developer was one lot off on the plot map. So years later, every home owner discovered that they did not own their home but instead owned their next door neighbor's house.
Some greedy bastard then realized that his next door neighbor's house was actually a lot more valuable than his so he tried to sue to get it. The judge ruled that no, everybody bought their homes having seen them and the lot they were on or having had them built on the lot they were on so everybody actually owned the house they were in and not their neighbor's...even though technically they should have. He "quieted" title. That was by far the most equitable thing to do and I agree with his ruling.
I saw a YouTube on this case and that was exactly my take. Yeah, she’s a but. But, she was minding her own nutty business and not bothering anyone. This is on the developer.
“Sold without any one doing a title search?”
Exactly my thought.....this is what a title search is for in the 1st place......and why my previous comment was the relationship between the realtor and developer needs to be explored in detail.
“Oceanview lot in Hawaii for about $22,500?”
What did it over look, the ocean view of the village sewage discharge? That has to be a miss print. I can see 1/8 acre for $225,500.00
Did a google on the place. Big Island-Hilo side. Lots of lots available. All one has to do is clear the lot and build a hut. Homeless squatters all over. You wouldn’t want it strictly for a winter home.
Things in the article such as sustainable building materials, waiting out covid in Kalifornia, the stars aligning and the ridiculously low price she paid for the lot all adds up to her being a class one democrat lunatic. Hawaii is packed with them.
But she does not deserve to have her property stolen and then treated like this. The elitists such as the new home owner and the real estate people have her outclassed in the legal department - she will lose bigly.
Off subject is a story where I bought 10 acres and went to the court house to register the land to find out the person selling it never owned it. I was quick enough to go to the bank and have the cashiers check for the land cancelled before the seller cashed it.
A point to be made with my story is in this Hawaiian story the error should have been caught when the title to the land was transferred at the court house. There’s got to be some fraud going on here such as who did the real estate people represent in the sale, or did they just decide to grab the land and let the communist nature of rat-land let them keep the land? This all should have been caught at the registrar of deeds office when the title was transferred.
Title insurance would have solved this. Some people choose to waive it, which is a HUGE mistake.
As I understand it, Hawaii is a two class state.....either your pretty much wealthy or dirt poor.
Don’t discount the fruitcake angle should this ever go to trial and she gets on the stand...
-——sustainable materials-——
Archeology teaches the most sustainable building material is megalithic stone.
Hawaii has only lava in various forms. Perhaps portland cement concrete would be sustainable if formulated with a high compressive strength. Steel rusts. Aluminum or titanium, maybe.
It doesn’t matter that she waited until after the COVID-19 pandemic.
Why must she offer an excuse for not building?
It’s her land to build or not to build.
And if you really want to buy a cheap house go on down to Pahoa.
https://www.realtor.com/realestateandhomes-search/Pahoa_HI
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