Legal Opinion
Clinton Land Co. v. M/S ASSOCIATES, INC.
Supreme Court of Iowa
Decided November 23, 1983No. 68226PublishedCited by 35 opinions
1Opinion of the Court
HARRIS, Justice.
A familiar rule places on persons in a fiduciary capacity the burden to show fair dealing in all matters within the fiduciary obligation. The question here is the effect of that rule when the fiduciary is a real estate broker who is not charged with self dealing. The trial court instructed that the burden was with the sellers who sued the broker. .
Plaintiffs were owners of a Clinton, Iowa, motel. Defendants were real estate brokers the plaintiffs engaged to find a buyer for the motel. A buyer was found and an offer and acceptance agreement was signed. Plaintiffs thereafter…
2Cases cited22 opinions
- Poulsen v. RussellSupreme Court of Iowa · 1981
- Rowen v. Le Mars Mut. Ins. Co. of IowaSupreme Court of Iowa · 1979
- Turner v. Zip Motors, Inc.Supreme Court of Iowa · 1954
- Peters v. LyonsSupreme Court of Iowa · 1969
- Porter v. Iowa Power and Light CompanySupreme Court of Iowa · 1974
17 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Hoekstra v. Farm Bureau Mutual Insurance Co.Supreme Court of Iowa · 1986
- Thompson v. City of Des MoinesSupreme Court of Iowa · 1997
- Gail v. ClarkSupreme Court of Iowa · 1987
- Sanders v. GhristSupreme Court of Iowa · 1988
- Tullis v. MerrillSupreme Court of Iowa · 1998
30 more not listed; retrieve them via the Exa API.