Bolden v. V & A Invs., LLC

CourtCourt of Appeals of North Carolina
DecidedSeptember 3, 2025
Docket24-906
StatusPublished

This text of Bolden v. V & A Invs., LLC (Bolden v. V & A Invs., LLC) is published on Counsel Stack Legal Research, covering Court of Appeals of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bolden v. V & A Invs., LLC, (N.C. Ct. App. 2025).

Opinion

IN THE COURT OF APPEALS OF NORTH CAROLINA

No. COA24-906

Filed 3 September 2025

Iredell County, No. 22CVS001942-480

TYESHA BOLDEN, Plaintiff,

v.

V & A INVESTMENTS, LLC, Defendant.

Appeal by Defendant from Order entered 11 April 2024 by Judge Tonia

Cutchin in Iredell County Superior Court. Heard in the Court of Appeals 22 April

2025.

Eisele Vogel Dixon PLLC, by Kathleen L. Vogel, for Plaintiff-Appellee.

BridgehouseLaw LLP, by Stephen D. Koehler, for Defendant-Appellant.

HAMPSON, Judge.

Factual and Procedural Background

V & A Investments, LLC (Defendant) appeals from an Order granting Tyesha

Bolden’s (Plaintiff) Motion for Partial Summary Judgment. The Record before us

tends to reflect the following:

On 5 July 2019, Defendant executed a Lease to Purchase Agreement (Lease)

with Plaintiff for a residential property located in Mooresville, North Carolina. The

Lease provided Plaintiff would lease the property for a term of 24 months beginning BOLDEN V. V & A INVS., LLC

Opinion of the Court

5 August 2019, at a rate of $4,500 per month; $1,200 of each monthly payment would

be credited towards Plaintiff’s purchase of the property.

The Lease allowed Plaintiff to “occupy the home as [Plaintiff’s] primary or

secondary” residence and to “utilize the home as a short-term rental property.” The

Lease provided that, in the event of a breach of the Lease by Plaintiff, she would

forfeit her right to purchase the property:

In the event of breach or default of this Lease by [Plaintiff], [Plaintiff] agrees to forfeit all money that [Plaintiff] has invested towards the purchase of the property, including each monthly credit towards the purchase of the property; money spent on maintenance, repairs, alterations, improvements and upkeep of the property; and the Due Diligence Fee and Earnest Money Deposit made under the Purchase Agreement. . . . Any termination of this Lease by [Defendant] due to breach of the lease by [Plaintiff] shall also terminate any and all rights [Plaintiff] may have under the Purchase Agreement[.]

In the event of a breach of the Lease by Defendant, the Lease provided

Defendant would return all money Plaintiff had paid toward purchase of the property:

In the event of breach or default of this Lease by [Defendant], [Defendant] agrees to reimburse all money that [Plaintiff] has invested toward the purchase of the property, including each monthly credit towards the purchase price of the property; money spent on maintenance, repairs alterations, improvements and upkeep of the property; and the Due Diligence Fee and Earnest Money Deposit made under the Purchase Agreement.

The parties contemporaneously executed an Offer to Purchase and Contract

(Purchase Agreement). The Purchase Agreement listed the purchase price at

$1,075,000 and provided Plaintiff must pay: a $1,000 due diligence fee; a $24,000

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earnest money deposit; $1,200 each month, credited from Plaintiff’s $4,500 monthly

rent payment as outlined in the Lease; and a $1,021,200 cash payment at closing.

Plaintiff was also required to obtain a loan commitment prior to closing. The

Purchase Agreement contained a breach and default provision identical to the breach

and default provision in the Lease.

On 2 February 2021, the parties executed a Contract Extension Addendum

which extended the lease term by 12 months, with a new expiration date set for 5

August 2022.

On 9 November 2021, Defendant received an email from the Iredell County

Sheriff’s Office, notifying Defendant that commercial events were allegedly being

hosted at the property. On 10 November 2021, Defendant sent Plaintiff a letter

notifying her it was terminating her Lease. Defendant alleged Plaintiff was “using

[the] property as a full-time rental,” and as an “event venue[,]” which, according to

Defendant, was “wholly unauthorized by the Lease terms.” Following Plaintiff’s

receipt of the letter, Plaintiff sent Defendant a check for the December 2021 rent;

Defendant subsequently accepted and cashed the check.

Plaintiff continued paying rent to Defendant, and Defendant never attempted

to eject Plaintiff from the property. In May 2022, in accordance with the parties’

agreement, Plaintiff secured financing for the purchase of the property, selected a

closing attorney, and notified Defendant that she had scheduled a closing on the sale

of the property for 17 June 2022. On 12 June 2022, Plaintiff sent Defendant proof of

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her financial ability to purchase the property. Defendant did not attend the

scheduled closing.

On 4 August 2022, Plaintiff filed a Complaint alleging Breach of Contract,

Unfair and Deceptive Trade Practices, and Unjust Enrichment in response to

Defendant’s failure to attend the closing. Plaintiff alleged she had fully cooperated

with the parties’ agreement, and Defendant had breached their agreement by

refusing to close on the sale and convey title to the property to Plaintiff. In its Answer

filed 17 October 2022, Defendant moved to dismiss Plaintiff’s Complaint pursuant to

North Carolina Rule of Civil Procedure 12(b)(6) for failure to state a claim.

On 13 March 2024, Plaintiff filed a Motion for Partial Summary Judgment,

alleging no genuine issues exist as to any material fact in her claim for Breach of

Contract and requesting the trial court order Defendant to close on the sale and

transfer her the title to the property. During the 28 March 2024 hearing on Plaintiff’s

Motion, Defendant requested the trial court to deny Plaintiff’s Motion because the

parties’ agreement barred Plaintiff’s requested remedy of specific performance. At

the conclusion of the hearing, the trial court granted Plaintiff’s Motion and ordered

Defendant to “comply with the remedy of specific performance[.]” Defendant

requested the trial court to certify its Order as a final judgment pursuant to N.C.

Gen. Stat. § 1A-1, Rule 54(b). The trial court denied this Motion. The trial court

entered its written order granting Plaintiff’s Motion on 11 April 2024. On 6 May

2024, Defendant timely filed Notice of Appeal.

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Appellate Jurisdiction

“An interlocutory order is one made during the pendency of an action, which

does not dispose of the case, but leaves it for further action by the trial court in order

to settle and determine the entire controversy.” Embler v. Embler, 143 N.C. App.

162, 164, 545 S.E.2d 259, 261 (2001) (quoting Veazey v. Durham, 231 N.C. 357, 362,

57 S.E.2d 377, 381 (1950)). Generally, there is no right to appeal from an

interlocutory order. Jeffreys v. Raleigh Oaks Joint Venture, 115 N.C. App. 377, 379,

444 S.E.2d 252, 253 (1994). However, a party may appeal an interlocutory order if

either: (1) the trial court certifies there is no just reason to delay appeal under N.C.

Gen. Stat. § 1A-1, Rule 54(b) or (2) if delaying the appeal would affect a substantial

right. Id. (citations omitted). Here, the trial court denied Defendant’s request to

certify the Order pursuant to Rule 54(b); thus, we consider whether the Order affects

a substantial right.

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