COTTINGTON ROAD TIC, LLC., A DELAWARE LIMITED LIABILITY COMPANY AND DURBAN ROAD TIC, LLC., A DELAWARE LIMITED LIABILITY COMPANY
v.
1662 MULTIFAMILY, LLC., A DELAWARE LIMITED LIABILITY COMPANY, HINES 1662 MULTIFAMILY, LLC., A DELAWARE LIMITED LIABILITY COMPANY, HINES INVESTMENT MANAGEMENT HOLDING LIMITED PARTNERSHIP, ET AL

Fla. 5th DCA | 2022-02-11
No. 21-0332
Egan, J., Sasso, J., Traver, J., Nardella, J.
Florida District Court of Appeal, Fifth District (2022)

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Holding

Fraud claims were properly dismissed where the plaintiff failed to allege all elements of fraud with the particularity required by Florida Rule of Civil Procedure 1.120(b), and non-reliance clauses in the commercial property sales contract negated any fraud claims.


Headnotes

[1] Non-reliance clauses in commercial property sales contracts negate fraud claims by preventing a purchaser from claiming reliance on extrinsic representations made outside…

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Key Quotes

“non-reliance" clauses in commercial property sales contracts negate fraud claims because purchaser could not recant his contractual promises not to rely upon extrinsic representations”

Court's application of Billington v. Ginn–La Pine Island, Ltd., LLLP to the commercial property transaction at issue

Facts & Procedural History

Cottington Road TIC, LLC and Durban Road TIC, LLC appealed the dismissal of their fraud claims against 1662 Multifamily, LLC and related entities in a…

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Topics

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Opinion of the Court
Nardella

IN THE DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA

FIFTH DISTRICT

NOT FINAL UNTIL TIME EXPIRES TO

FILE MOTION FOR REHEARING AND

DISPOSITION THEREOF IF FILED

COTTINGTON ROAD TIC, LLC, A DELAWARE

LIMITED LIABILITY COMPANY AND DURBAN

ROAD TIC, LLC, A DELAWARE LIMITED

LIABILITY COMPANY,

Appellants,

v. Case No. 5D21-332 LT Case No. 2018-CA-415-OC

1662 MULTIFAMILY, LLC, A DELAWARE

LIMITED LIABILITY COMPANY, HINES 1662

MULTIFAMILY, LLC, A DELAWARE LIMITED

LIABILITY COMPANY, HINES INVESTMENT

MANAGEMENT HOLDING LIMITED

PARTNERSHIP, ET AL.,

Appellees. ________________________________/

Opinion filed February 11, 2022

Appeal from the Circuit Court for Osceola County, Robert J. Egan, Judge.

Stephen F. Rosenthal and Ramon A. Rasco, of Podhurst Orseck, P.A., Matthew I. Kramer, of Weinberg, Wheeler, Hudgins, Gunn & Dial, LLC, Miami, and Michael Hornreich, of Weinberg, Wheeler, Hudgins, Gunn & Dial, LLC, Orlando, for Appellants.

2 Carol M. Rooney, of Butler Weihmuller Katz Craig LLP, Tampa, and Bryant F. Belvins, of Butler Weihmuller Katz Craig LLP, Miami, for Appellees.

PER CURIAM.

AFFIRMED. See Fla. R. Civ. P. 1.120(b) (providing that in “all averments of fraud or mistake, the circumstances constituting fraud or mistake shall be stated with such particularity as the circumstances may permit”); Strack v. Fred Rawn Constr., Inc., 908 So. 2d 563, 565 (Fla. 4th DCA 2005) (affirming dismissal of fraud count with prejudice where plaintiff failed to allege all elements despite having been given multiple opportunities to do so); see also Billington v. Ginn–La Pine Island, Ltd., LLLP, 192 So. 3d 77, 84 (Fla. 5th DCA 2016) (holding that “non-reliance” clauses in commercial property sales contracts negate fraud claims because purchaser could not recant his contractual promises not to rely upon extrinsic representations).

SASSO, TRAVER and NARDELLA, JJ., concur.


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