Nielson v. Benton

OPINION

COMPTON, Justice.

I. INTRODUCTION

This appeal arises out of a faded real estate transaction. Its resolution turns on the question of whether a dispute over the seaward boundary of a property, potentiaby giving the State of Alaska (State) a claim to part of the property, constitutes a cloud on title justifying rescission of the sales agreement. The superior court held that there was a cloud on title and granted rescission. We affirm in part, vacate in part, and remand for further proceedings relating to attorney’s fees.

II. FACTS AND PROCEEDINGS

Lori Telfer and David Benton entered into a…