Legal Opinion

Reiter v. Greenberg

New York Court of Appeals

Decided February 14, 1968PublishedCited by 21 opinions

1Opinion of the CourtScileppi, J.

The issue presented by this appeal is whether a person selling participating interests in a syndication (a limited partnership), formed to acquire for investment purposes title to real property and thereafter to operate and manage the property, is required to be a licensed real estate broker under article 12-A of the Real Property Law (§ 440 et seg.).

This is a derivative action instituted by a stockholder of Continental Realty Servicing Corp. to recover, inter alia, the sum of $3,250 in commissions paid by Continental to the defendant Gedzelman.

The defendant Greenberg entered into contract to…

2Cases cited4 opinions

  1. Weingast v. Rialto Pastry Shop, Inc.New York Court of Appeals · 1926
  2. Seckendorff v. Halsey, Stuart & Co.Appellate Division of the Supreme Court of the State of New York · 1930
  3. Altman v. AltmanNew York Court of Appeals · 1948
  4. Attorney-General of the State of New York v. Nassau Management Co.New York Supreme Court · 1958

3Cited by21 opinions

  1. Hirsch v. DuPontDistrict Court, S.D. New York · 1975
  2. Andre Backar, Cross-Appellee v. Western States Producing Company (Now Hytech Energy Corporation) and Wayman W. Buchanan, Cross-AppellantsCourt of Appeals for the Fifth Circuit · 1977
  3. All Seasons Resorts, Inc. v. AbramsNew York Court of Appeals · 1986
  4. Evans v. GalardiCalifornia Supreme Court · 1976
  5. Eaton Associates v. Highland Broadcasting Corp.Appellate Division of the Supreme Court of the State of New York · 1981

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