Skip to main content
· 8/15/2018

Teal Properties, Inc. v. Dog House Investments, LLC

Syllabus

The dispositive issue on appeal is whether co-owners of a limited liability company who signed a commercial lease agreement on behalf of the entity are personally liable for the lessee's obligations when they signed the agreement twice: once on a line preceded by the text \By:\ and followed on the next line by the text \Title:\ and a second time on a line below which the signatory's name was typed, followed by the word \Individually.\ After the lessor filed suit against the lessee company and the co-owners individually to collect utilities and tax payments allegedly owed under the lease agreement, the co-owners filed a motion to dismiss for failure to state a claim on which relief could be granted, arguing that the lease contains no provisions that make them personally liable for the lessee's obligations. The trial court granted the co-owners' motion, and lessor appealed. We affirm.

Judges: Presiding Judge Frank G. Clement, Jr.

Read full opinion on CourtListener

Sourced 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.