A Good Time Rental, LLC v. First American Title Agency, Inc.

Opinion by

Chief Judge DAVIDSON.

In this action involving a failed commercial real estate transaction, plaintiffs, A Good Time Rental, LLC, Noble Petroleum, LLC, and Arugula Investment, LLC, appeal from the summary judgment barring under the economic loss rule plaintiffs' negligence and negligent misrepresentation claims against the closing agent, defendant, First American Title Agency, Inc., doing business as First American Heritage Title Company, Inc. (American Heritage). We affirm.

I. Background

A. Undisputed Facts

A Good Time Rental and Noble Petroleum owned a fee simple interest and a…