Siegel Development, LLC v. Peak Construction LLC

Illinois Appellate Court
Civil Court
Citation
Case Number: 
2013 IL App (1st) 111973
Decision Date: 
June 28, 2013
District: 
1st Dist.
Division/County: 
Cook Co., 6th Div.
Justice: 
GORDON
Holding: 
Affirmed.
Plaintiff developers purchased two-story, four-unit building to convert it into condo units, and alleged they purchased in reliance on oral promise that construction company would perform renovations needed for a certain price. Construction company then told Plaintiffs, after closing, that it would not be able to do renovation work. Court properly granted summary judgment for Defendants on fraud counts; there was no meeting of the minds as to work to be done, with no definite agreement in place as to scope of work, and thus there could be no false statement of material fact. Reliance on Defendants' statement that a repair and replace permit would suffice was not reasonable. (LAMPKIN and HALL, concurring.)