Tracker Marine Retail, LLC v. Oakley Land Co.

THOMAS, Judge.. In 1994, DeWayne Oakley and his wife, Nancy Oakley, purchased a parcel of real property (“the premises”) from Jerome Beckman and his wife, Angie T. Beckman. The Oakleys later deeded the premises to Oakley Land Company, L.L.C. (“Oakley”); DeWayne is the managing member of Oakley. Jerome Beckman had operated a boat dealership and repair business .(“the business”) on the premises since 1992. Oakley continued operating the business until October 1996, when it leased the premises to Travis Boating Center, Inc., which, at other times, was Travis Boating Center, LLC, and Travis Boats…