Number
121001
Version
ORIGINAL
Reference
Sponsor
ALD. PEREZ
Title
Resolution approving final certified survey map and release of deed restriction on 922-928 S. Third Street.
Analysis
This resolution approves a certified survey map to alter boundaries for parcels at 922-928 S. Third Street. The resolution also approves the release of a deed restriction affecting these parcels.
Body
Whereas, In 2007, George D. Prentice, Jr. owned both parcels at 922-924 S. Third Street (herein called Lot 7) and 928 S. Third Street (herein called Lot 8); and
Whereas, On June 11, 2007, George D. Prentice recorded in the Milwaukee County Register of Deeds Office a Quit Claim Deed (Document No. 09445129), subjecting the parcels at 922-924 and 928 S. Third Street to a restrictive covenant and deed restriction (the “Deed Restriction”) that the two parcels effectively be joined, “as though they were in fact one parcel,” and prohibiting conveyance of either parcel apart from the other “without first obtaining written consent therefore from the City of Milwaukee;” and
Whereas, The City Assessor’s Office recognized the recorded Deed Restriction, and in 2007, the Assessor combined both parcels into a new key number, 431-0928-114, with an address of 922-928 S. Third Street; and
Whereas, Despite that Deed Restriction, without any written consent from the City, George D. Prentice then recorded with the Register of Deeds a Declaration of Condominium (Document No. 09653511) that subjected only a part of the combined parcels to a new condominium called the Hanover Condominium - Lot 7 and the North 1.23 feet of Lot 8; and
Whereas, George D. Prentice continues to own part of what used to be Lot 8, and also Unit No. 924, being one of the two units in the Hanover Condominium, with the other unit (No. 922) being owned by the Federal Home Loan Mortgage Corporation; and
Whereas, George D. Prentice, to readjust borders, resolve the Deed Restriction issue and resolve other certified s...
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