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Sunset Gold Realty, LLC v. Premier Building & Development, Inc.
2012 Conn. App. LEXIS 66
Conn. App. Ct.
2012
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Background

  • Sunset Realty sued Premier Building for breach of a listing agreement and Cobblestone for breach, unjust enrichment, and bad-faith conduct after a ground lease process with CVS.
  • Exclusive listing, August 5, 2005 to August 5, 2006, covered 72 Berlin Road; Premier later acquired and conveyed the property to Cobblestone the same day.
  • Cobblestone and Premier shared a common member, Patrick Snow, and Cobblestone later acknowledged Sunset’s commission obligations via an email from a Cobblestone member.
  • CVS approved a site, and a ground lease for a portion of 72 Berlin Road was executed October 2, 2006 between Cobblestone and CVS Pharmacy, LLC.
  • Trial court held Sunset entitled to a commission under paragraph 6(a) of the listing agreement, binding Cobblestone as assignee.
  • Premier and Cobblestone appealed, challenging the procurement finding and the assignment/party-bar status.

Issues

Issue Plaintiff's Argument Defendant's Argument Held
Whether Sunset procured a ready, willing and able tenant under the listing. Sunset’s actions during the term resulted in a ready, willing and able tenant. The procurement did not occur under the listing terms. Sunset procured a ready, willing and able tenant under the listing.
Whether Cobblestone is bound as assignee to the listing despite not signing the agreement. Cobblestone’s email acknowledgment and common ownership show assignment. Cobblestone was not a signatory; assignment invalid under Location Realty. Yes, Cobblestone is bound as assignee; valid assignment supported by record.

Key Cases Cited

  • Revere Real Estate, Inc. v. Cerato, 186 Conn. 74 (1982) (fact-finding standard; deferential review)
  • Forastiere v. Higbie, 95 Conn.App. 652 (2006) (clear error standard; defer to trial court findings)
  • Location Realty, Inc. v. Colaccino, 287 Conn. 706 (2008) (assignment mechanics and § 20-325a substantial compliance/inequity exception)
  • Schoonmaker v. Lawrence Brunoli, Inc., 265 Conn. 210 (2003) (contract interpretation; assignment principles)
  • Shoreline Communications, Inc. v. Norwich Taxi, LLC, 70 Conn.App. 60 (2002) (assignee rights; third-party enforcement)
Read the full case

Case Details

Case Name: Sunset Gold Realty, LLC v. Premier Building & Development, Inc.
Court Name: Connecticut Appellate Court
Date Published: Feb 14, 2012
Citation: 2012 Conn. App. LEXIS 66
Docket Number: AC 32745
Court Abbreviation: Conn. App. Ct.