Petry v. Tanglwood Lakes, Inc.

OPINION OF THE COURT

PAPADAKOS, Justice.

The facts in this case, based on allegations in Appellant’s complaint, appear to be as follows: Appellant purchased a lot abutting a proposed, but unconstructed, lake (Lake Briarwood) by deed of November 3, 1970, for $18,000.00. The lot is in “Tanglwood Lakes” in Pike County, a large tract of land under development by Appellee, Tanglwood Lakes, Inc. (developer), since the 1960’s. In 1973, Appellant constructed a cottage on the lot, overlooking the projected lake, which she has apparently used up to the present as a regular summer home and as an…