Jump to content
celeb

Katy Perry to recoup $1.8 million off her Montecito house


Teletubby
 Share

Featured Posts

Teletubby

Katy Perry is requesting nearly $5 million in damages from the previous owner of her $15 million mansion in Montecito in an ongoing legal battle.

The “California Gurls” singer asked for the former owner, entrepreneur Carl Westcott, to pay a total of $4,718,698.95 in a Nov. 21 court document obtained by PEOPLE.

The document states that Perry is “entitled to $3,525,000 in rental value" that she has claimed was lost due to the dispute, and "$1,343,401.95 for necessary repairs for a total of $4,868,401.95.”

With $149,703 being offset due to Westcott’s losses, the total award, the document claims, should be reduced to $4,718,698.95.

 

Update:

Katy Perry is due to recoup $1.8 million off the price of the $15 million Montecito mansion that plunged her into a headline-grabbing real estate war with 86-year-old Texas millionaire Carl Westcott, who also happens to be the father-in-law of Real Housewives of Dallas cast member Kameron Westcott.

A judge signed a proposed order Tuesday that will award Perry the $1.8 million so long as neither party files an objection in the next ten days. The money represents the damages Perry suffered when Westcott bailed on their $15 million purchase agreement in 2020, claiming he lacked capacity when he signed it. Westcott sued Perry through her business manager, trying to overturn the sale, but he lost at a bench trial during the first phase of the legal battle.

Perry had asked for an award of $4.7 million in damages during phase two of the trial. Westcott argued her damages should be limited to only $260,000. In his proposed ruling signed Tuesday, Los Angeles County Superior Court Judge Joseph Lipner found a middle ground. He said Perry deserved $2.8 million for lost rental value while the property was in limbo, and $260,000 for repairs for things like a fallen tree and water damage. But he then deducted $1 million because Perry was able to invest her money elsewhere during the fight, and because Westcott lost interest on that amount.

 

 

Edited by Teletubby
"You b*tch!" ~ Rat Boy
Link to post
Share on other sites

  • Teletubby changed the title to Katy Perry to recoup $1.8 million off her Montecito house
FATCAT

The way that would pay my rent for the rest of my life & into the afterlife.

This kitten over here (meow)
  • Like 1
  • LMAO 1
Link to post
Share on other sites

RAMROD

I could buy endless supply of Haus Labs with that money

。°(°.◜ᯅ◝°)°。 ✧*:・゚ you supposed to cook for us, AZ (˃̣̣̥ᯅ˂̣̣̥) ♡♡♡
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...