360 N. Main St., L.L.C. v. U.S. Bank Natl. Assn.

2025 Ohio 1389
CourtOhio Court of Appeals
DecidedApril 18, 2025
Docket30274
StatusPublished

This text of 2025 Ohio 1389 (360 N. Main St., L.L.C. v. U.S. Bank Natl. Assn.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
360 N. Main St., L.L.C. v. U.S. Bank Natl. Assn., 2025 Ohio 1389 (Ohio Ct. App. 2025).

Opinion

[Cite as 360 N. Main St., L.L.C. v. U.S. Bank Natl. Assn., 2025-Ohio-1389.]

IN THE COURT OF APPEALS OF OHIO SECOND APPELLATE DISTRICT MONTGOMERY COUNTY

360 NORTH MAIN STREET LLC : : Appellant : C.A. No. 30274 : v. : Trial Court Case No. 2023 CV 03395 : US BANK NATIONAL ASSOCIATION : (Civil Appeal from Common Pleas : Court) Appellee : :

...........

OPINION

Rendered on April 18, 2025

MICHAEL P. MCNAMEE & NOLAN P. MCNAMEE, Attorneys for Appellant

TIMOTHY C. SULLIVAN, Attorney for Appellee

.............

HUFFMAN, J.

{¶ 1} 360 North Main Street LLC appeals from the trial court’s judgment overruling

its motion for summary judgment on its claims for declaratory judgment, breach of

contract, unjust enrichment, and fraud, and granting summary judgment to its tenant, U.S.

Bank National Association. For the following reasons, the trial court’s judgment will be -2-

affirmed.

I. Facts and Procedural History

{¶ 2} Todd Duplain and two others formed 360 North Main Street LLC (“360 North

Main”) for the purpose of purchasing the real property located at 360 North Main Street,

Centerville, Ohio. The company purchased the property for $229,000 on March 12,

2018. See Duplain Dep., Ex. F. At that time, the property was subject to a 50-year

lease executed in 1970 by Zengel Builders and First National Bank. See Duplain Dep.,

Ex. C; Simonson Dep., Ex. 4. 360 North Main and U.S. Bank are the successors-in-

interest to those entities. U.S. Bank operates a bank branch at that location.

{¶ 3} Under the terms of the 1970 Lease Agreement, the rent increased every five

years, with the final amount being $11,100 per year. U.S. Bank was also required to pay

“all water and sewer rates, taxes, assessments, levies and other charges.” Another

section of the lease required U.S. Bank to comply with all applicable local, state, and

federal laws.

{¶ 4} The 1970 Lease Agreement was to expire on April 30, 2020. However, it

would renew for ten additional and consecutive five-year terms, provided that “the Bank

and its successor in interest have at all times faithfully and punctually performed each

and all of the covenants and conditions of this lease on the part of the Bank.” The Bank

was required to give at least three months’ written notice if it intended to surrender

possession at the end of a term. The Bank also had an option to purchase the property

if the property owner received a bona fide offer from someone else.

{¶ 5} The 1970 Lease Agreement further specified that the relationship between -3-

the parties was that of landlord and tenant. It stated that “[n]othing contained in this lease

shall be deemed or construed by the Bank or Zengel or by any third party to create the

relationship of principal and agent or of partnership or of joint venture[.]”

{¶ 6} On February 26, 2020, the parties signed a First Amendment to Lease, which

modified, among other things, the term of the lease and the option to renew provisions.

Duplain Dep., Ex. D; Simonson Dep., Ex. 5. Under the First Amendment, the lease was

extended for two years, beginning on May 1, 2020, and expiring on April 30, 2022. The

Bank was granted 24 consecutive options to renew the term of the lease for periods of

two years each. The option could be exercised by giving 360 North Main written notice

no less than 150 days prior to the end of the then current term. All terms and conditions

were to remain the same during each renewal term with the exception of rent, which was

specified in a separate provision. In 2021, U.S. Bank notified 360 North Main that it was

renewing the lease, extending the lease term until April 30, 2024. Duplain Dep., Ex. E.

{¶ 7} Around the beginning of 2021, Duplain received a notice from the

Montgomery County Auditor that the tax valuation of the property for tax year 2020 was

$838,830. On February 15, 2021, Duplain filed a complaint against the valuation of real

property, seeking a reduction of the tax valuation to $229,000, the 2018 purchase price.

Duplain Dep., Ex. F. The Centerville City School District filed a counter-complaint,

asking for no reduction in the assessed value. Id. On December 6, 2021, the

Montgomery County Board of Revision notified Duplain and 360 North Main that the tax

valuation would remain $838,830. Duplain Dep., Ex. G.

{¶ 8} On December 15, 2021, Duplain emailed Jeremy Krueger, an accountant in -4-

U.S. Bank’s corporate real estate finance department, and Amy Hernesman, accounting

manager and Krueger’s supervisor, with the following message:

Amy and Jeremy,

I am your landlord of your branch in Centerville, Ohio at 360 North Main

Street. I am not sure if you two can help me with this but the county

assessed value for the property you leased from me has dramatically

increased (over $600,000 and more than 3x the previous value). See

attached.

US Bank pays the real estate taxes on this building. I would highly

recommend we contest this massive value increase.

Who in your organization handles local real estate tax valuation issues?

Thanks,

Todd Duplain

Hernesman forwarded the message to Assistance Vice President/CRE Project Manager

Lynette Simonson, whose duties included overseeing U.S. Bank’s tax appeal third-party

vendor, Ryan LLC, and the appeal process. Hernesman asked Simonson to pass

Duplain’s message along to “Ryan for review.” Duplain Dep., Ex. H.; Simonson Dep.,

Exs. 6 & 7.

{¶ 9} The same morning, Simonson forwarded Duplain’s message to Shawn Lai

at Ryan LLC, asking him to “[p]lease review and file an appeal if warranted.” Simonson

Dep., Ex. 8. Lai replied that he had forwarded it to the Ohio team to review. Id. -5-

{¶ 10} On December 21, 2021, Lai emailed Simonson with an update. He noted

that 360 North Main had filed an “appeal” that had been unsuccessful and asked her to

confirm with the landlord whether “they are proceeding to the next level of appeal.” Lai

also noted that they could not find any evidence of the 2018 sale of the property. He

indicated that they would need more information before determining whether to file an

appeal, which would need to be done by an attorney. Id. Simonson did not seek

additional information from Duplain.

{¶ 11} On December 30, 2021, Duplain emailed Hernesman, with Simonson and

Krueger copied, asking “Any update on protesting these taxes?” Duplain Dep., Ex. H;

Simonson Dep., Ex. 7. Simonson replied the same day that she would “follow-up. The

appeal deadline is 3/31/2022. I have not yet seen a recommendation.” Simonson Dep.,

Ex. 7. Duplain never received a response indicating “if they were going to do anything.”

Duplain Dep. 115.

{¶ 12} As noted by the trial court, Simonson was mistaken when she wrote that the

appeal deadline was March 31, 2022. The appeal deadline was 30 days from the date

of the Board of Revision decision, making January 5, 2022, the deadline by which to file

an appeal with the Ohio Board of Tax Appeals (BTA).

{¶ 13} Ryan LLC uses the Ryan Law Firm, a separate entity, to assist it in filing tax

appeals. On January 5, 2022, an attorney with the Ryan Law Firm in Pittsburgh,

Pennsylvania, filed a notice of appeal with the BTA. The notice of appeal listed 360

North Main as the appellant and the deeded property owner; the attorney was listed as

the contact person for the property owner.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Sunoco, Inc. (R & M) v. Toledo Edison Co.
2011 Ohio 2720 (Ohio Supreme Court, 2011)
Schroeder v. Henness
2013 Ohio 2767 (Ohio Court of Appeals, 2013)
Ward v. Bond
2015 Ohio 4297 (Ohio Court of Appeals, 2015)
Minor v. Allstate Ins. Co., Inc.
675 N.E.2d 550 (Ohio Court of Appeals, 1996)
Rhododendron Holdings, L.L.C. v. Harris
2021 Ohio 147 (Ohio Court of Appeals, 2021)
Geloff v. R.C. Hemm's Glass Shops, Inc.
2021 Ohio 394 (Ohio Court of Appeals, 2021)
LexisNexis, A Div. of Relx Inc. v. Murrell
2022 Ohio 550 (Ohio Court of Appeals, 2022)
Morris v. First National Bank & Trust Co.
254 N.E.2d 683 (Ohio Supreme Court, 1970)
Harless v. Willis Day Warehousing Co.
375 N.E.2d 46 (Ohio Supreme Court, 1978)
Corron v. Corron
531 N.E.2d 708 (Ohio Supreme Court, 1988)
Aultman Hospital Ass'n v. Community Mutual Insurance
544 N.E.2d 920 (Ohio Supreme Court, 1989)
Dresher v. Burt
662 N.E.2d 264 (Ohio Supreme Court, 1996)
Hamilton Insurance Services, Inc. v. Nationwide Insurance
714 N.E.2d 898 (Ohio Supreme Court, 1999)
Logan v. Champaign Cty. Bd. of Elections
2023 Ohio 4688 (Ohio Court of Appeals, 2023)
McGinnis v. Conley
2024 Ohio 482 (Ohio Court of Appeals, 2024)
Tera, L.L.C. v. Rice Drilling D, L.L.C.
2024 Ohio 1945 (Ohio Supreme Court, 2024)
Patterson v. State
2024 Ohio 5704 (Ohio Court of Appeals, 2024)

Cite This Page — Counsel Stack

Bluebook (online)
2025 Ohio 1389, Counsel Stack Legal Research, https://law.counselstack.com/opinion/360-n-main-st-llc-v-us-bank-natl-assn-ohioctapp-2025.