Land Use · Real Estate

In Trial: A Development Company Looks to Enforce a Purchase and Sale Agreement

SAN FRANCISCO, CA – According to the complaint and plaintiff’s trial brief, plaintiff Waterview Development, LLC seeks specific performance of a real estate purchase and sale agreement involving property on Sansome St. The transaction allegedly hit turbulence when the parties discovered an undisclosed easement that prevented the anticipated development of the property.

Per plaintiff’s trial brief, the seller sued the easement holder to no avail. The brief suggests plaintiff still wants the property, with the price reduced to accomodate for the diminished value resulting from the easement.

The parties showed up for trial assignment on January 16th. The parties were initially assigned to Judge Robertson. Defendant challenged that assignment and the parties were given a new assignment, to Judge Kathleen Kelly,

This blog reports on cases filed in and around the San Francisco Bay Area. The statements made are based on the allegations in court-filed documents. Allegations are just accusations, and may or may not be true.
The authors of the blog are attorneys at the San Francisco litigation firm, Wood Robbins, LLP. If you have a legal issue, send them an email. If they cannot help you, they will try and point you in the right direction.
Advertisements