Centerco Properties, Inc. v. Boulevard Investment Co.

PUDLOWSKI, Presiding Judge.

Centerco Properties Inc. and D. Samuel Wise (Realtors) appeal from a summary judgment.

On March 31, 1981, Boulevard Investment Company (Boulevard), respondent, entered into an agreement with Parklin Associates for the sale of the Bel Air West Motor Hotel in St. Louis. Realtors acted as real estate brokers for this transaction. The ostensible sale was closed on July 8, 1981, with possession of the real and personal property being transferred from Boulevard to Parklin Associates (Parklin). As Parklin began remodeling the hotel in late 1981 they discovered defects in…