[Download] "Breckenridge Co. v. Swales Management Corp." by Colorado Supreme Court " eBook PDF Kindle ePub Free
eBook details
- Title: Breckenridge Co. v. Swales Management Corp.
- Author : Colorado Supreme Court
- Release Date : January 28, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
Petitioner Breckenridge is a land development company engaged in selling real estate to purchasers who agree to comply with a master plan of realty development over which Breckenridge maintains ultimate control. It originally entered into a contract on August 23, 1971, with Swales Management Company (SMC) for the sale of property to be used for the construction of a theatre and apartment building. By the contract, Breckenridge was given the right to approve and modify the proposed buildings, consistent with their previously adopted master plan. Breckenridge retained legal title to the property as a means of insuring that their master plan was satisfied, but SMC was responsible for all aspects of financing their venture. There is no evidence that the proceeds or losses of the construction were to be shared, nor that any part of the proceeds of the land sale inured to the purchasers.
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