Louis v. W Partners CA2/1
In April 2014, appellant Terry Louis and defendants below entered into a real estate transaction in which respondent W Partners, LLC bought Louis’s home in Gardena, which Louis then leased-back from respondent. The transaction also granted Louis a right of first refusal to repurchase the home from respondent at fair market value. Almost a year after the parties executed their purchase agreement, and three months after they executed a November 2014 settlement and release agreement, Louis sued the defendants for, among other things, fraud and to quiet title to the home. The first amended complaint revolves entirely on the April 2014 transaction.
After sustaining the defendants’ demurrer to Louis’s first amended complaint without leave to amend, the trial court dismissed the case with prejudice.
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