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Standard agreement of sale, with a one line addition at end about building.

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Shorty222

Junior Member
Pennsylvania.

We purchased a 4 acre lot from an individual that also owns a construction company. The last page of the "Standard Agreement of Sale" paperwork has a line that was added with a typewriter that reads "Buyer agrees to engage the services of XXXX Construction, Inc. for the construction on the subject premises of a single family residence containing a minimum of 2,500 square feet. My wife and both signed the agreement at his office. It is not notarized or witnessed. The issue is now that we have owned the land for 4+ months we have started to discuss house details and costs with him. He is way off base, more than double the cost of other builders that we had quote the same work. He is horrible to deal with and has lied to us on several occasions, not to mention has been very misleading. Is this one line that he has on here "legaly binding" or is there a way out? We are hoping he just lets us out but need to know our options before "firing" him. thoughts would be greatly appreciated.
 


OHRoadwarrior

Senior Member
Without seeing the rest of the contract, there does not appear to be a clause stating the timetable or price you must pay. Sit on the lot and go buy another home if it cannot be worked out. Your heirs will outlive him. In the mean time, perhaps you should engage some children to create a large expression of their creative energy near the main road for other perspective buyers to view. I suggest when you both come to a meeting of the minds, you not accept less than another builder being permitted so you do not suffer retribution.
 
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TigerD

Senior Member
Sell the land.
The restrictive covenant binds you. But it is unlikely that the covenant would be held to "run with the land."

TD
 

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