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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Cook v. Cullen, 23 Mass. L. Rptr. 504 (2007)

Citation
Cook v. Cullen, 23 Mass. L. Rptr. 504 (2007)
Parent Document
Cook v. Cullen, 23 Mass. L. Rptr. 504 (2007)
Jurisdiction
Massachusetts (state)
Effective Date
2007-12-28

Full Text

1,045 chars
In May 2001, the Plaintiffs purchased a home at 33 Mounce Farm Way in Marshfield from the Defendants. In July 1999, Old New England began construction of the property, a 6,000-square-foot federal-style home, and the property was later placed on the market for $1,150,000. The Cooks first viewed the home with a real-estate broker in January 2001. After the viewing, Mr. Cook, who held real estate including two commercial properties and a residence in Marshfield, contacted Old New England directly and proposed a reduction in the purchase price roughly equivalent to the amount of the broker’s fee. Old New England agreed to deal with the Cooks directly. They were interested in this particular property because it featured a first-floor in-law suite for Mr. Cook’s elderly mother, who lived with them at the time. Without reading the document or consulting an attorney, Mr. Cook signed the Purchase and Sale Agreement (“P&S”) with Old New England on May 4, 2001. The P&S set a purchase price of $1,035,5000 and a closing date for May 29, 2001.