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Lot 30, College Hill, belonged to Mr. Riffe when he died.
Mrs. Pert received title to it after the probate of Mr. Riffe's
estate. Mrs. Pert sold Lot 30, College Hill and received
$56,942. The following day, on April 20, 1993, Mrs. Pert used
the proceeds from the sale of Lot 30, College Hill, to buy a
$53,018 cashier's check payable to Secure Title.
On April 20, 1993, Mr. Pert used the $53,018 as part of the
$128,000 that he paid to buy the house at 610 Sandy Hook Road.
He initially mistakenly took title in his name, but corrected it
within 30 days to be jointly owned by Mr. and Mrs. Pert. Thus,
the $53,018 was used to buy Mrs. Pert's half interest in the
property.
d. The 1992 Ford Explorer
Mrs. Pert paid $5,000 from the Peoples State Bank account as
a down payment to buy a Volkswagen. She made the monthly
payments from the C&S ultima account. Mr. Pert bought a 1992
Ford Explorer for $22,112. He received a $12,777 credit because
he traded in Mrs. Pert's Volkswagen. He also used $9,335 in cash
from the joint account at Citizens Bank of Clearwater, the funds
of which came from Mr. Riffe's estate. The 1992 Ford Explorer
was titled in the name of Perticular Lawn, Inc., Mr. Pert's
business.
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