Legal Opinion

101123 LLC v. Solis Realty LLC

Appellate Division of the Supreme Court of the State of New York

Decided September 20, 2005PublishedCited by 23 opinions

1Opinion of the Court

OPINION OF THE COURT

Saxe, J.P.

When a contract for the sale of real property contains a clause specifically setting forth the remedies available to the buyer if the seller is unable to satisfy a stated condition, fundamental rules of contract construction and enforcement require that we limit the buyer to the remedies for which it provided in the sale contract. We find these fundamental rules to be dispositive here, and hold the case of S.E.S. Importers v Pappalardo (53 NY2d 455 [1981]), in which specific performance was awarded notwithstanding a restricted remedies provision, to be…

2Cases cited6 opinions

  1. W.W.W. Associates, Inc. v. GiancontieriNew York Court of Appeals · 1990
  2. Vermont Teddy Bear Co. v. 538 Madison Realty Co.New York Court of Appeals · 2004
  3. Reiss v. Financial Performance Corp.New York Court of Appeals · 2001
  4. Wallace v. 600 Partners Co.New York Court of Appeals · 1995
  5. S.E.S. Importers, Inc. v. PappalardoNew York Court of Appeals · 1981

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3Cited by23 opinions

  1. VACOLD LLC v. CeramiCourt of Appeals for the Second Circuit · 2008
  2. Edge Group Waiccs LLC v. Sapir Group LLCDistrict Court, S.D. New York · 2010
  3. 767 Third Avenue LLC v. ORIX Capital Markets, LLCAppellate Division of the Supreme Court of the State of New York · 2006
  4. M&E 73-75, LLC v. 57 Fusion LLCAppellate Division of the Supreme Court of the State of New York · 2020
  5. Gindi v. Intertrade Internationale Ltd.Appellate Division of the Supreme Court of the State of New York · 2008

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