Wallasey Tenants Ass'n, Inc. v. Varner

How courts have described this case

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

• holding that transfer of property from an individual to a corporation wholly owned by the same individual was not a sale triggering a right of first refusal
• holding that a transfer to the grantor’s wholly owned corporation did not result in a change of ownership or control and therefore did not invoke a right of first refusal on the property
• explaining that TOPA generally does not apply where “financial aspects of the transaction were agreed upon without relation to the fair market value of the property conveyed”
• describing LLC and its sole member as “two separate legal entities”

Source: CourtListener parenthetical corpus (CC0).