· 6/29/2015
Barbara D. Cosgrove, Individually and as the Trustee of the Charles and Barbara Cosgrove Family Revocable Living Trust v. Michael Cade and Billie Cade
Citations
- 468 S.W.3d 32
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that without showing fraud, property owners “may not claim a failure to understand what they were signing as grounds for avoiding the transaction”
- holding reformation claim based on \[p]lainly obvious and material omissions in an unambiguous deed” was barred after four years because such defects \charge parties with irrebuttable notice for limitations purposes”
- holding ¿at the discovery rule does not apply to a reformation claim based upon plainly obvious and material omissions in an unambiguous deed, because such mistakes are not inherently undiscoverable
- noting that a plaintiff’s declaratory relief claim asking the court to recognize mineral rights mistakenly left out of a deed was “in effect a suit to reform the deed”
- explaining that claim for breach of contract accrues when contract is breached
- “Allowing them to slumber on this knowledge . . . before seeking a corrected deed is not a luxury we have recognized, and would render meaningless parties’ recognized duty to exercise diligence in examining their mineral rights.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Willett, Hecht, Green, Lehrmann, Brown
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.