Plaintiffs commenced this action pursuant to RPAPL article 15, seeking to quiet title to real property. In the complaint, plaintiffs allege that in 2001, codefendant Peter Davis, their son, purchased a four-story brownstone in Manhattan that was divided into four apartments. According to plaintiffs, before Davis closed on the property, they entered into a contract with their son pursuant to which plaintiffs would pay their son $350,000 in exchange for 25% ownership interest...
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