(Download) "Metro Apartment Rentals" by State of Wisconsin in Court of Appeals District IV # eBook PDF Kindle ePub Free

eBook details

Title: Metro Apartment Rentals
Author : State of Wisconsin in Court of Appeals District IV
Release Date : January 01, 2006
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 74 KB

Description

1 Metro Apartment Rentals, LLC, appeals a judgment dismissing its complaint against T.R. Thompson Builders, Inc. Thompson cross-appeals. Metro, the buyer, sued Thompson, the seller, for specific performance of a contract to sell an apartment building. Thompson counterclaimed to retain Metros $5,000 earnest money deposit. The court held on summary judgment that Metro materially breached the contract by failing to timely perform it, thus releasing Thompson from its contractual obligations. However, the circuit court denied Thompsons counterclaim for the earnest money, based on a determination that Thompson acted in bad faith. We conclude that material fact disputes remain on both Metros claim and Thompsons counterclaim. We therefore reverse and remand for further proceedings on both.