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Widow who refused to sell house changes mind; gets $1.5M

Widow who refused to sell house changes mind; gets $1.5M
Posted at 1:42 PM, Dec 21, 2017
and last updated 2017-12-21 13:42:48-05

ORLANDO, Fla. (AP) - A widow who repeatedly refused to sell her Florida town house to one of the world's largest time-share companies has finally given in.
    
The Orlando Sentinel reports Westgate Lakes LLC paid 83-year-old Julieta Corredor $1.5 million for the two-bedroom, two-bathroom condo she and her late husband bought 32 years ago. That's about 10 times more than the couple paid.
    
Her refusal to sell led to a dispute that held up Westgate's efforts to build a pair of high-rise towers in Orlando.
    
The parties announced a resolution to the dispute two months ago, but neither side could discuss the sale price or details because of a confidentiality clause.
    
The Sentinel calculated the sale price based on tax stamps levied on public property-transfer documents. The comptroller's office says the figure is accurate.
    
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Information from: Orlando Sentinel, http://www.orlandosentinel.com/

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