Legal Opinion
Gamble v. Norton
Court of Appeals of Texas
Decided January 19, 1995No. 01-94-00460-CVPublishedCited by 2 opinions
1Opinion of the Court
OPINION
O’CONNOR, Justice.
This case involves the issue of whether a party can recover from the Real Estate Recovery Fund (the Fund)1 for acts committed by a real estate broker while the broker was acting as a manager and principal of an investment venture. We hold the Fund is not liable for damages in this case because the acts of the broker about which the plaintiff complains were committed by the broker in his role as investment manager and investor, not as a licensed real estate dealer. We affirm.
Overview of Facts
James Norton, a real estate broker, sold, managed, and invested in three joint…
2Cases cited14 opinions
- In Re King's EstateTexas Supreme Court · 1951
- Catalina v. BlasdelTexas Supreme Court · 1994
- Ray v. Farmers' State Bank of HartTexas Supreme Court · 1979
- Texas Real Estate Commission v. NagleTexas Supreme Court · 1989
- Henry S. Miller Co. v. Treo EnterprisesTexas Supreme Court · 1979
9 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Shawn Holloway and Stephanie Holloway v. Flutobo, Inc. D/B/A Keller Williams Realty Northeast, Texas Court of Appeals, 14th District (Houston)2013
- Jay Williamson v. William H. Armstrong, II, Trustee of the M. D. Bryant Family Trust, Don Dorsey and James F. Ridge, Texas Court of Appeals, 3rd District (Austin)1995