In 1991, plaintiffs commenced an action alleging fraud and breach of contract, stemming from the sale of a parcel of land in an area of Washington County which was later approved by the Town of Jackson as the Battenkill Overlook subdivision. In June 1993, the parties settled the action in open court by entering into a written agreement whereby plaintiffs agreed to sell the parcel with their newly constructed home to defendants for $300,000...
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