After Soho 311 Development sold Shane A. a condominium and renovated that property, Shane A. attempted to rescind the deal based on an erroneous property description.
While the New York County Supreme Court granted relief in Shane’s favor, the Appellate Division, First Department, thought that by entering into the renovation agreement (which ratified the purchase contract), Shane waived any right to rescind the arrangement.
Shame, Shane.
To view a copy of the Appellate Division’s decision, please use this link: Akeroyd v Soho 311 Dev., Inc.