DeBry v. Valley Mortgage Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• denying liability for an \implied\ misrepresentation where the defendant mortgage company owed no duty to disclose information to purchasers of real property
• “Duty is not sacrosanct in itself, but only an expression of the sum total of those considerations of policy which lead the law to say that the particular plaintiff is entitled to protection.”
• lender did not have a duty to disclose - absent a contractual or fiduciary relationship -, to the purchaser, the fact that the builder did not get a permit for the apartment building or that there were building code violations

Source: CourtListener parenthetical corpus (CC0).