Beth Weisz v. Great American Title Q 1-103-1, LLC, a/k/a Great American Title Q 1-103-2, LLC, a/k/a Great American Title of the Ozarks, LLC

CourtMissouri Court of Appeals
DecidedJune 9, 2020
DocketWD82967
StatusPublished

This text of Beth Weisz v. Great American Title Q 1-103-1, LLC, a/k/a Great American Title Q 1-103-2, LLC, a/k/a Great American Title of the Ozarks, LLC (Beth Weisz v. Great American Title Q 1-103-1, LLC, a/k/a Great American Title Q 1-103-2, LLC, a/k/a Great American Title of the Ozarks, LLC) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Beth Weisz v. Great American Title Q 1-103-1, LLC, a/k/a Great American Title Q 1-103-2, LLC, a/k/a Great American Title of the Ozarks, LLC, (Mo. Ct. App. 2020).

Opinion

IN THE MISSOURI COURT OF APPEALS WESTERN DISTRICT BETH WEISZ, ) Appellant, ) ) v. ) WD82967 ) GREAT AMERICAN TITLE Q 1- ) FILED: June 9, 2020 103-1, LLC, a/k/a GREAT ) AMERICAN TITLE Q 1-103-2, ) LLC, a/k/a GREAT AMERICAN ) TITLE OF THE OZARKS, LLC, ) Respondent. ) Appeal from the Circuit Court of Ray County The Honorable Kevin L. Walden, Judge Before Division Two: Mark D. Pfeiffer, P.J., and Alok Ahuja and Gary D. Witt, JJ. Beth Weisz entered into a contract with a builder for construction of a new

home. Weisz put the funds for construction of the home in escrow, with Great

American Title Company serving as the escrow agent. Weisz sued Great American

in the Circuit Court of Ray County. She alleged that Great American had breached

the terms of the escrow agreement, and its fiduciary duties to Weisz, when it made

unauthorized disbursements of escrowed funds. The circuit court granted

summary judgment to Great American, finding that the challenged disbursements

were consistent with the terms of the escrow agreement, that Weisz had expressly

authorized the payments, and/or that Weisz had ratified Great American’s

disbursements. The circuit court also awarded Great American sanctions under Supreme Court Rule 55.03, finding that Weisz’s claims against Great American

were factually unfounded and frivolous.

Weisz appeals. We reverse, and remand to the circuit court for further

proceedings.

Factual Background On June 21, 2012, Beth Weisz entered into a Sales Contract with Innovative

Builders and Developers, LLC for the purchase and construction of a modular home

in Hardin. The parties agreed that the full contract price of $239,240 would be paid

to Innovative Builders in three installments when particular milestones were

reached. They agreed that Weisz would deposit the full contract price in escrow,

with Great American serving as escrow agent. The Letter of Instruction to Great

American, executed by Weisz and Innovative, specified that:

The above referenced Buyer [Weisz] has or will deposit with Great American Title the sum of Two Hundred Thirty Nine thousand Two Hundred Forty Dollars ($239,240) to be used by the Builder [Innovative] to complete construction of a single residential home (Exhibit A) for the above referenced Buyer. I. Great American Title shall release said funds by builders invoice as follows: 1st Draw: At contract signing – 20% 2nd Draw: Home Order and Foundation – 70% 3rd Draw: Paid at completion once Lien Waivers and Buyer signs off – 10% The Letter of Instruction did not specify any fee to be paid to Great American for its

services as escrow agent, or how any fee would be paid.

On June 26, 2012, Weisz deposited $239,240, the full contract amount, into

an escrow account held by Great American at Great Southern Bank. On the same

day, Great American made two payments out of the escrow account. The first was a

$400 disbursement to Great American, as payment for its services as escrow agent. The second payment was in the amount of $47,868 (or 20% of the contract price) to

2 Innovative. Innovative had issued Great American an invoice in that amount on

June 22, 2012.

On July 9, 2012, Great American made a second disbursement to Innovative

for $167,468 (70% of the contract price), after receiving an invoice from Innovative

on the same date, requesting payment of the second draw. On August 15, 2012,

Innovative returned $98,000 to Great American. The reason for this refund is not

fully developed in the record, but it appears that Innovative returned the money

because the modular home had not yet been delivered to it. Innovative’s $98,000

refund payment was credited to Weisz’s escrow account.

In mid-August 2012, Weisz requested information from Great American

concerning the escrow account in connection with a loan application she was

making. In a pair of e-mails on August 16, 2012, Alicia Adams with Great

American informed Weisz that Great American had received “an initial 239,240.00

dollars that was to be disbursed to [I]nnovative [H]omes as needed,” and that Great

American “did get a wire in the amount of $98,000.00 on 8/15/2012 regarding the

Beth Weisz account.” In her affidavit submitted in opposition to Great American’s

summary judgment motion, Weisz asserted that, during her discussions with

Adams, “Ms. Adams said she did not know why” Innovative had returned $98,000 to the escrow account. Weisz testified in her affidavit that she did not receive an

account balance or statement at that time, and that she was not aware what money

had been disbursed to that point. She stated that “Ms. Adams said my money was

still there,” and that Weisz “asked that Great American Title not disburse any

further funds” pending instructions from Weisz.

In her affidavit, Weisz stated that on August 24, 2012, she was able to

confirm with the manufacturer of the modular home “that my home had been

ordered.” She accordingly e-mailed Adams on that date, stating that “I did get confirmation that my home is being built. So I am ok w/ further funds dispersment

3 [sic].” Weisz testified that, at that time, she did not know of the two payments

Great American had already made to Innovative, and “believed 80% of my original

deposit was still . . . held in the escrow account” (i.e., all but the first draw, which

was due to be paid on contract signing).

On October 8, 2012, Great American received an invoice from Innovative,

requesting payment of $113,362. The invoice states that the requested amount of

$113,362 represented the “2nd Draw Balance per Sales Contract 70% ($239,240)” –

even though the remaining balance of the second draw amount was only $98,000

(the amount which Innovative had previously been paid, but had refunded to Great

American). The record does not explain how Innovative calculated the invoice

amount of $113,362.

Adams e-mailed Weisz on October 8, 2012: “I have a request to pay

113,692.00 [to] them by wire today for your home. Is this approved by you?” Weisz

responded, “Yes[.]” Weisz stated in her affidavit that she believed she was

approving payment of the second (70%) draw under the escrow agreement. Great

American disbursed the requested sum of $113,362 to Innovative on the same day.

On November 1, 2012, Weisz e-mailed Adams: “I am having issues again

with my contractor. Can you tell me how much and when disbursements have been made from my account?” Adams responded that Great American had “disbursed

231,408.00 total and we have $7832.00 left to draw,” and asked about the status of

the home’s construction. Weisz responded:

The house has been delivered, but not yet put together. Multiple issues w/ foundation. I thought that the majority had been disbursed. That is fine. Thank you for the information[.] In a following e-mail, Weisz asked that, until she was able to get the construction

issues resolved, “Can you hold off on any further disbursements – even though it’s

4 just a drop in the bucket?” Great American did not make any further

disbursements from the escrow account.

On February 8, 2014, Weisz filed her petition against Innovative, Debra

Watkins (who had signed the Sales Contract and escrow agreement on Innovative’s

behalf), and Great American. With respect to Innovative and Watkins, Weisz

alleged that the home had been defectively constructed, and that Innovative and

Watkins had failed to pay various contractors whom they had employed to work on

the home.

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Beth Weisz v. Great American Title Q 1-103-1, LLC, a/k/a Great American Title Q 1-103-2, LLC, a/k/a Great American Title of the Ozarks, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/beth-weisz-v-great-american-title-q-1-103-1-llc-aka-great-american-moctapp-2020.