Opinion ID: 2832664
Heading Depth: 3
Heading Rank: 1

Heading: August 21, 1978, Letter of Agreement

Text: [¶6] A letter setting out the basic terms of the purchase of Mouse Island, signed by these parties or their predecessors, contained the following provisions: [Nickles, Pew, and Sayler] understand[] that the caretaker is receiving $700 a month plus payment for utilities. [They] agree[] that the caretaker should continue in his position and receive the same monthly payments. All the parties are agreed that any proposal for future development on the Island would require the written, unanimous concurrence of all owners of the Island. Further, it is agreed that, if any owners wish to dispose of any or all of his or her interest, that interest will first be offered to the Other Owners to provide them with the opportunity first to purchase the interest. It is agreed that an association of owners will be created to collect assessments from the owners for payment of the caretaker’s salary, real estate taxes, and general maintenance. These assessments will be divided equally among the three principal houses . . . . Each of the parties understands that in situations where the caretaker must call in outside assistance to work on a project affecting only a particular house, the owner of that house will pay for the outside assistance. Work done by the caretaker on common Island property, such as the sea wall, studio, tennis courts, etc., will be shared by all owners. Further, it is understood that the caretaker’s work on each of the homes on the Island will not change the basi[c] intention of the parties to share equally the caretaker’s salary and benefits. 4