Legal Opinion
Rivkin v. Century 21 Teran Realty LLC
New York Court of Appeals
Decided April 24, 2008PublishedCited by 8 opinions
1Opinion of the Court
OPINION OF THE COURT
Read, J.
The United States Court of Appeals for the Second Circuit has certified a question that calls upon us to explore the scope of the fiduciary duty owed by buyer’s agents affiliated with a real estate brokerage firm when their principals bid on the same property. We begin with the facts, which are substantially undisputed.
I
On May 24 or 25, 2004, Oleg Rivkin, a New Jersey resident who was in the market for a summer home on Ulster Heights Lake in Ulster County, contacted Century 21 Teran Realty LLC, a real estate brokerage firm located in Woodstock, New York. Teran is…
2Cases cited3 opinions
- Dubbs v. Stribling & AssociatesNew York Court of Appeals · 2001
- Rivkin v. Century 21 Teran Realty LLCCourt of Appeals for the Second Circuit · 2007
- Sonnenschein v. Douglas Elliman-Gibbons & IvesNew York Court of Appeals · 2001
3Cited by8 opinions
- Johnson v. Priceline.com, Inc.Court of Appeals for the Second Circuit · 2013
- Moran v. ErkNew York Court of Appeals · 2008
- 106 N. Broadway, LLC v. LawrenceAppellate Division of the Supreme Court of the State of New York · 2020
- Douglas Elliman LLC v. TretterNew York Court of Appeals · 2012
- Scher v. Stendhal Gallery, Inc.Appellate Division of the Supreme Court of the State of New York · 2014
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