Greif v. Sanin
California Court of Appeal
289 Cal. Rptr. 3d 484 (2022)
- Written by Eric Miller, JD
Facts
Earl Greif (defendant) sold real estate to Yardley Protective Limited Partnership (Yardley) (plaintiff). Eddie Sanin acted as broker for Yardley. Greif, an elderly man who had suffered a stroke, had serious difficulty hearing, reading, and speaking. The property’s fair market value was more than $3 million, but the price that appeared on the purchase agreement was $330,000. This amount, placed conspicuously on the first page, was explicitly pointed out to Greif by Sanin. However, after executing the agreement, Greif became aware that the price differed from the amount to which he thought he had agreed: either $3,300,000 or $3,330,000. Greif sought to rescind the purchase agreement and cancel escrow. Yardley refused and brought suit to enforce the purchase agreement. Greif filed a cross-complaint against Yardley for recission and against Sanin for negligence. More specifically, Greif argued that Sanin had breached a duty of honesty. The trial court found in favor of Yardley and dismissed the cross-complaint against Sanin, holding that Greif had failed to adequately allege negligence. Greif appealed.
Rule of Law
Issue
Holding and Reasoning (Codrington, J.)
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