Have You Heard the One About the Nun's vs. Katy Perry

By
Real Estate Agent with Sun Lakes Realty DRE #01492138

Have You Heard the One About the Nun's vs. Katy Perry

This story has been in the news recently and it is fasinating.

Nuns vs. Katy Perry convent

 

The Catholic Archdiocese is trying to sell a pricey convent in Los Feliz, CA (Hollywood area) to celebrity Katy Perry for $14.5 Million cash. On the other side of this sale, the nuns from the convent have recently sold it to a local restaurateur Dana Hollister for $15.5 Million who has plans to convert it into a boutique hotel. 

Los Angeles Archbishop Jose Gomez is disputing the recent sale with the two elderly Sisters of the Immaculate Heart of Mary, Sister Catherine Rose and Sister Rita because he wants to sell the convent to international superstar singer Katy Perry.

Sister Rita and Sister Rose, ages 77 and 78 , both say they pooled their money years ago and purchased the convent with thoughts of making a profit for their retirement. 

How could this have happened? A lawsuit has been filed by the Catholic Archdiocese and says the nuns had no legal right to sell to Hollister. Gomez released a statement that Hollister better not start hanging pictures yet.

How could this have happened? We have very strict real estate laws in California so how did it get through title if the nuns are not the legal owners. Seems that their must have been some documentation to the nun's ownership rights? 

This is something that will be hashed out in court and later a Hollywood movie will be made.

What do you think?

Thanks for Reading my Real Estate Blog.....

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Comments (16)

Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

It does sound like some sort of hollywood comedy but sadly I did read about it and it seems like a sticky situation. I hope cooler heads prevail.  

Jul 08, 2015 03:20 AM
Gwen Fowler-864-638-3599 SC Mountains Lakes Homes
Gwen Fowler Real Estate, Inc - Salem, SC
Gwen Fowler Real Estate, Inc.

I would guess that the nuns had a contract with the church that kept them from profiting.

 

Jul 08, 2015 03:38 AM
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

That is completely whacked!?!?!?

How on earth can someone sell something they don't own or did they do something shifty?

Keep me posted on the outcome of this mess

Jul 08, 2015 08:01 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

James Cameron will direct I am sure. The Lord sure works in mysterious ways.

Jul 08, 2015 12:50 PM
Yolanda Cordova-Gilbert
Richmond, TX

I do not know if there is a law preventing nuns from profiting, I guess that is in their promise of poverty, but I think Katy Perry has no rigths. It will be interesting.

Jul 09, 2015 09:04 AM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Nicole Doty - Gilbert Real Estate Expert 

I hate to think about priests and nuns fighting over $$.

 

Jul 10, 2015 03:16 PM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Gwen Fowler 

I am not sure how title cleared the sale unless there was valid proof of ownership.

Jul 10, 2015 03:17 PM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi David Shamansky 

I am not sure how they could either? I am thinking there is something we do not know yet!

Jul 10, 2015 03:18 PM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Joe Pryor 

I am thinking Hollywood is already brainstorming this one for an exciting movie. If the nuns lose, maybe they can sell their story. If they are not allowed to profit, they can leave the church.

Jul 10, 2015 03:19 PM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Yolanda Cordova-Gilbert 

It will be interesting. By the way, do you still have Red Katy Engines pulling trains on the tracks in and around Katy?

Jul 10, 2015 03:20 PM
Yolanda Cordova-Gilbert
Richmond, TX

Kristin,

 I do not think we still have the Red Katy Engines still, though we do have an old train depot here. very small though

Jul 11, 2015 07:15 AM
Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Yolanda Cordova-Gilbert 

Recently we had seen some red engines with the Katy logo on it. I was just told yesterday from a SF Engineer that they painted them to commemorate the Katy trains but are not the originals. Thanks. When I see the engines, I think of you and Bob.

Jul 17, 2015 02:22 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for sharing this interesting story.

Have a great weekend.

Jul 18, 2015 12:33 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kristin not only did I miss this, but where are the Feature Ferries of Active Rain, they are sleeping in the driver's seat, what a feature worthy post...but what do I know I am just a 'rain maker":))Endre

Jul 19, 2015 01:51 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I hope they can get this worked out amicably, it would be a shame to see a place that has done so much good for the world end so badly.

 

Jul 30, 2015 03:00 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

And,

Happy Birthday Kristin!!!

I hope it was a great one.

Jul 30, 2015 03:01 PM

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