Alaska Supreme Court
David L. Meyers and Jan M. Meyers, Sky Ranch Aero Services, LLC v. Sky Ranch, Inc
December 13, 2024560 P.3d 308
Summary
The court held that the 2014 deed conveying Lot 13 was ambiguous because it reasonably supported competing interpretations regarding the special declarant rights, requiring remand for consideration of extrinsic evidence. It upheld the requirement that Lot 13 owners make good-faith offers of unused tiedowns to eligible non-adjacent lot owners, but held that the declaration was ambiguous regarding non-lot owners’ use of the airstrip and aircraft facilities. The court also held that the corrective deed could not transfer the special declarant rights because equitable estoppel barred reliance on it, and it vacated the attorney-fee award for reconsideration on remand.