Ventana Partners, LLC v. Lanoue Development, LLC

Plaintiffs purchased a piece of real property, which we refer to as Lot 1, from LaNoue Development, LLC (LaNoue),1 intending to build condominiums on it and sell them.2 The Oregon Real Estate Agency (OREA) and Multnomah County surveyor delayed plaintiffs’ condominium sales by withholding approval of their certificate of condominium, and, ultimately, plaintiffs’ project failed. Plaintiffs contended that problems with their title to Lot 1 caused the failure of the project, and they sought to recover their losses from defendants, who are surveyors, title companies, and attorneys involved in the…