Huntington National Bank v. Cornelius
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Peters, J.P.
In September 1991, A. Michael Krieger purchased from defendant Victor Cornelius (hereinafter defendant) a one-half interest in Teviotdale, a historic home located in the Town of Livingston, Columbia County. As part of the transaction, the parties entered into and recorded a joint tenancy agreement which provided, in relevant part, that “[s]hould either party *247purchase the entire property and within twenty years thereafter offer it for sale, the other party has the option to purchase the property for $800,000.00 plus a sum reflecting the benefit of any capital…
2Cases cited21 opinions
- Ryan v. New York Telephone Co.New York Court of Appeals · 1984
- D'Arata v. New York Central Mutual Fire InsuranceNew York Court of Appeals · 1990
- Buechel v. BainNew York Court of Appeals · 2001
- Watts v. Swiss Bank Corp.New York Court of Appeals · 1970
- Staatsburg Water Co. v. Staatsburg Fire DistrictNew York Court of Appeals · 1988
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- Peters v. SmolianNew York Supreme Court · 2015
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