An opinion on the Land Contract between Mrs. Marcia Wright & Troy W. Reid dated and notarized 29 July 2015.
Reid did NOT mention having a boundary survey done with stakes at the corners to verify the specific property dimensions. How would Reid know when folks were trespassing or when he encroached the neighbors land? Did he count on divine intervention from select texts in his battle bible? Allegedly handed over $15k as a down payment + $1500/month not knowing whether the land occupied was clear of any encumbrances? How did he know if Mr. Russell Wright had a wife or wives prior to Marcia, if they still held dower & courtesy rights, title and/or produced entitled heirs? If the contract was a valid one it would have contained the docket book number, block & lot numbers of land Mrs. Wright was to convey upon payment in full of the contract, until then the land was exclusively hers & obligation for taxes. Reid limited legal recourse by not paying for a title search before signing the contract devoid any knowledge of the land's history. Was it once the sight of a tannery, mine, cemetery, slaughterhouse, farm, battlefield, possible easement on the water rights such as maintenance of dams or bridges. Upon change of title designated as private forest with a reduced property tax rate it would legally require a variance to reside on the land in compliance with any/all health & building codes.
Reid was granted rights to occupy that land but not reside. Reid occupied the land with 160' long 10' wide lead paint demolished barn wood, roadside garbage, junk vehicles, rotting RV's, boats, tractors, & trailers. He failed to include the term exclusive. Troy could now legally hunt on that property complying with NY DEC regulations. Reid stepped on that land mine with both feet lamenting last year hunters were on the land illegally chasing away the deer. Marcia had every right to honor and/or revoke hunting rights granted in the past, while retaining title to the land. The timbers are specifically NOT granted to Reid & remain the exclusive right of Marcia, even the maple sap to harvest as she saw fit. It's a riddle that Reid failed to get in writing rights to use the timbers. Reid demonstrated on videos standing like a piece of dead from the neck up wood when contractors downed timbers with easement/access rights for their vehicles, under no obligation to fulfill Reid's alleged barter of timbers for gravel. Despite advertising Old Growth Firewood on the internet Reid exploited Mrs. Wright's property & her fair share of profit. Contractors were not strategically clearing timbers providing sunlight for solar panels, all profit from the timbers, are Marcia's alone.
Reid might as well have had strapped to his back a Vegas styled neon sign flashing S T U P I D. By going cheap thinking himself the more savvy of the two, certainly proved himself a six foot stack of dumb sh*t by not retaining a NY attorney to represent his interest in this first major real estate transaction. From the looks of that simple document, to wit, no educated consumer would have penned their signature.
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