Hanna v. Landsman

945 N.W.2d 534, 2020 S.D. 33
CourtSouth Dakota Supreme Court
DecidedJune 17, 2020
Docket28927
StatusPublished
Cited by5 cases

This text of 945 N.W.2d 534 (Hanna v. Landsman) is published on Counsel Stack Legal Research, covering South Dakota Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hanna v. Landsman, 945 N.W.2d 534, 2020 S.D. 33 (S.D. 2020).

Opinion

#28927-r-PJD 2020 S.D. 33

IN THE SUPREME COURT OF THE STATE OF SOUTH DAKOTA

****

TERRY HANNA and RHONDA HANNA, Plaintiffs and Appellants,

v.

WILLIAM LANDSMAN, Defendant and Appellee.

APPEAL FROM THE CIRCUIT COURT OF THE THIRD JUDICIAL CIRCUIT DEUEL COUNTY, SOUTH DAKOTA

THE HONORABLE ROBERT L. SPEARS Judge

GARY W. SCHUMACHER TODD D. WILKINSON of Wilkinson & Schumacher Law, Prof. LLC De Smet, South Dakota Attorneys for plaintiffs and appellants.

JENNIFER GOLDAMMER DONALD McCARTY of Helsper, McCarty & Rasmussen, P.C. Brookings, South Dakota Attorneys for defendant and appellee.

CONSIDERED ON BRIEFS SEPTEMBER 30, 2019 OPINION FILED 06/17/20 #28927

DEVANEY, Justice

[¶1.] In this breach of contract case, the circuit court granted summary

judgment to the defendant, concluding that the alleged agreement relating to the

transfer of real property was unenforceable because it was for an unlawful purpose,

lacked consideration, and violated the statute of frauds. The plaintiff appeals, and

we reverse and remand.

Factual and Procedural Background

[¶2.] Terry Hanna owned a trucking business and farmland in Deuel

County. In 2000, he experienced financial difficulties and enlisted the help of Bill

Landsman, a longtime acquaintance experienced in assisting individuals with debt

settlement and restructuring. Landsman and Hanna dispute what transpired after

Landsman began helping Hanna. However, we relate the evidence in a light most

favorable to Hanna, the party against whom summary judgment was granted.

[¶3.] Landsman holds a real estate license and operates Landsman Realty.

He also worked as a financial agricultural counselor for the State on a contract

basis. In his role as an agricultural counselor, Landsman would assist individuals

in financial distress and mediate disputes between the individuals and their

lenders. Although Landsman was not hired to be Hanna’s counselor in an official

capacity, it is undisputed that he advised Hanna on his finances and negotiated

reduced settlements for Hanna on various debt obligations. He also loaned Hanna

money to assist with Hanna’s financial situation. Landsman characterized his role

with Hanna as “his banker, per se” and explained that he came up with a plan for

Hanna to deal with his debt without going through bankruptcy.

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[¶4.] This appeal concerns 240 acres (the property) in Deuel County owned

by Hanna since 1985 and encumbered by a mortgage with First National Bank in

Brookings for approximately $260,000. Hanna’s home and shop for his trucking

business are located on the property. According to Hanna, Landsman orchestrated

a multi-step plan for Hanna to sell the property to Landsman so that Hanna could

satisfy his mortgage, but also so that Hanna could make payments toward

regaining ownership while he continued to reside on the property and operate his

trucking business.

[¶5.] The record reflects that one of Hanna’s debts included federal payroll

taxes he failed to remit from the tax period ending June 30, 1999 to the tax period

ending June 30, 2002. He testified that his now ex-wife had been his bookkeeper

and that he did not learn that his taxes were unpaid until their divorce. While

Landsman was assisting Hanna with his debt restructuring, Landsman learned

that the IRS had told Hanna that it would be filing liens for the unpaid taxes

totaling $359,593. After learning this, Landsman and Hanna executed Landsman’s

multi-step plan concerning the transfer of Hanna’s property.

[¶6.] To execute the plan, Landsman asked Midwest R & S Corporation to

purchase the property from Hanna and thereafter sell it to him (Landsman).

According to Landsman, Midwest was owned by Robert Fishback who also owned

First National Bank in Brookings, the bank holding the mortgage on Hanna’s

property. Although Landsman was not a shareholder, Landsman related that

Midwest was a company in which he would invest money, and Midwest would in

turn invest Landsman’s money in real estate. Landsman testified that he and

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Fishback had frequently, and for many years, done business together. At the time

Landsman arranged for Midwest to purchase Hanna’s property, Landsman had an

existing cash investment at Midwest, on which Midwest was paying interest to.

[¶7.] On October 7, 2000, Hanna and Midwest executed a purchase

agreement for Midwest to buy the property (including the land, buildings, truck

shop, fences, dugout, and six semi-trailers) for $183,000. Hanna and Fishback

signed the agreement, and Landsman also signed, but as the seller’s broker and

agent.

[¶8.] The record also contains a “COMMENT SHEET” for “William

Landsman” created by Midwest. The October 10, 2000 entry related the following:

Today Bill Landsman was in to get $500 from Midwest to purchase some farm real estate from Terry Hanna. This transaction was approved by Tom and Bob.

Instead of Bill purchasing the property himself, Midwest is going to purchase it for now. It will be in turn purchased by Bill. Tom has required a 25% down payment and the rate will be 9.5%.

Midwest will have title to the property for now but a purchase agreement should be prepared between Midwest and Bill to protect both parties. A loan was prepared for now between Midwest and Bill.

The final closing is expected to happen on the 20th. Advanced $182,933.14 24th.

The closing occurred on October 23, 2000, when Hanna executed a warranty deed

conveying the land to Midwest. Landsman notarized the deed. The closing

statement provides that the selling price was $183,000, that Hanna paid off his

existing note on the property for $146,023.43, and that $30,889.66 was due to the

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seller at closing. 1 Hanna signed the closing statement, and Landsman signed as

Hanna’s broker. The purchase agreement and warranty deed were filed on October

24, 2000.

[¶9.] Also on October 24, 2000, Midwest and Landsman executed a purchase

agreement whereby Midwest agreed to sell Landsman the same 240 acres

(including the land, buildings, truck shop, fences, dugout, and six semi-trailers) for

$183,000. The agreement required Landsman to pay Midwest $46,183.15 on

October 27, 2000 and the balance by January 2, 2003. The agreement further

indicated that “any payment made to Midwest would be subtracted from the

balance of the principal.”

[¶10.] Two other documents were executed on October 24, 2000—a lease

agreement and an option agreement. They purport to be agreements between

Hanna and Midwest; however, it appears from the record that they were drafted by

Landsman. The lease agreement listed Hanna as the tenant and Midwest as the

landlord and indicated that the property to be leased included the building site,

truck garage, and 15 of the 240 acres Hanna had just sold. The lease term was two

years, and Hanna was to pay $550 per month in rent starting in November 2000.

1. Landsman explained that the bank holding the existing note on this property was either First National or First Bank & Trust, which he referred to as “Fishback’s bank.” Landsman agreed with counsel’s characterization that Fishback got involved in the transaction because “his bank [had] a loan with Terry, and then [Fishback was] using his separate company [Midwest] to do this land restructuring.”

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Hanna signed the agreement, and Landsman signed as follows: “Midwest R & S

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Cite This Page — Counsel Stack

Bluebook (online)
945 N.W.2d 534, 2020 S.D. 33, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hanna-v-landsman-sd-2020.