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Property — financing contingencies

By: WISCONSIN LAW JOURNAL STAFF//October 16, 2012//

Property — financing contingencies

By: WISCONSIN LAW JOURNAL STAFF//October 16, 2012//

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Wisconsin Court of Appeals

Civil

Property — financing contingencies

Brad and Robyn Stubbe appeal a summary judgment granted in favor of Ty and Jana Hamland and Contemporary Real Estate Services, LLC. The Stubbes sued the Hamlands after the Hamlands backed out of a contract to purchase the Stubbes’ home. The Hamlands sought contribution or indemnification from Contemporary, their real estate broker. The circuit court dismissed all claims, concluding the Hamlands were not obligated to proceed with their purchase of the Stubbes’ home because the financing contingency in the purchase contract was not satisfied. We agree and affirm. This opinion will not be published.

2012AP469 Stubbe v. Hamland, et al.

Dist III, Marathon County, Moran, J., Per Curiam

Attorneys: For Appellant: Tillisch, Cal R., Wausau; For Respondent: VanderWaal, Shane Jon, Wausau; Reinertson, Robert J., Wausau

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