Legal Opinion
Hagan v. Adams Property Associates, Inc.
Supreme Court of Virginia
Decided February 28, 1997No. Record 961332PublishedCited by 12 opinions
1Opinion of the CourtJustice Lacy
In this appeal, we consider whether a transfer of real property from its owner to a limited liability company in which the owner is a member constitutes the sale of the property, entitling a real estate broker to a commission authorized by a listing agreement between the owner and broker.
Ralph E. and Maureen K. Hagan (collectively “Hagan”) owned the Stuart Court Apartments (the property) in Richmond. On April 30, 1994, Hagan executed an agreement with Adams Property Associates, Inc. (Adams), giving Adams the exclusive right to sell the property for $1,600,000. The agreement provided that if…
2Cases cited5 opinions
- Brewer v. First National BankSupreme Court of Virginia · 1961
- Southpace Properties, Inc. v. Acquisition GroupCourt of Appeals for the Eleventh Circuit · 1993
- McElhinney v. BelskySuperior Court of Pennsylvania · 1949
- Cooley Investment Co. v. JonesColorado Court of Appeals · 1989
- Miller, Cowherd & Kerver, Inc. v. De MontejoDistrict Court of Appeal of Florida · 1981
3Cited by12 opinions
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- Indiana Department of State Revenue v. Belterra Resort Indiana, LLCIndiana Supreme Court · 2010
- 1924 Leonard Road, L.L.C. v. Van RoekelSupreme Court of Virginia · 2006
- McFarland v. Virginia Retirement Services of Chesterfield, L.L.C.District Court, E.D. Virginia · 2007
- Gebhardt Family Investment, L.L.C. v. Nations Title Insurance of New York, Inc.Court of Special Appeals of Maryland · 2000
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