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