A Tutorial On Contract Liability for Real Estate Purchasers: 'Huguenot LLC v. Megalith Capital Group Fund I, L.P.'

In ultimately rejecting the plaintiff's claim that the apartment buyers could be responsible for the condominium developer's breach of a contract recorded as part of the condominium's declaration, the court illustrated some important points about how contracts can run with the land, or otherwise impose liability on real estate buyers.

6 minute read October 01, 2024 at 12:11 AM
By
William J. Geller and Robert J. Braverman
A Tutorial On Contract Liability for Real Estate Purchasers: 'Huguenot LLC v. Megalith Capital Group Fund I, L.P.'

In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., 228 A.D.3d 404 (1st

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