Parmely Trust v. Magness

2023 S.D. 49
CourtSouth Dakota Supreme Court
DecidedSeptember 20, 2023
Docket30135
StatusPublished
Cited by1 cases

This text of 2023 S.D. 49 (Parmely Trust v. Magness) 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
Parmely Trust v. Magness, 2023 S.D. 49 (S.D. 2023).

Opinion

#30135-r-SPM 2023 S.D. 49

IN THE SUPREME COURT OF THE STATE OF SOUTH DAKOTA

****

THE GENEVIEVE J. PARMELY REVOCABLE TRUST, Plaintiff and Appellee,

v.

BRAD MAGNESS, Defendant and Appellant.

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

THE HONORABLE PATRICK T. PARDY Judge

JEFF BURNS of Churchill, Manolis, Freeman, Kludt & Burns, LLP Huron, South Dakota Attorneys for defendant and appellant.

JOHN K. NOONEY ROBERT J. GALBRAITH JARED D. NOONEY of Nooney & Solay, LLP Rapid City, South Dakota Attorneys for plaintiff and appellee.

CONSIDERED ON BRIEFS APRIL 25, 2023 OPINION FILED 09/20/23 #30135

MYREN, Justice

[¶1.] The Genevieve J. Parmely Revocable Trust sought a declaratory

judgment asking the court to determine that an option agreement made with Brad

Magness was invalid because of the absence of consideration. The parties filed

cross-motions for summary judgment regarding the existence of consideration. The

circuit court granted summary judgment in favor of the Trust. Magness appeals.

We reverse and remand with direction to enter summary judgment on that issue in

favor of Magness.

Factual and Procedural History

[¶2.] Genevieve and James Parmely owned land in joint tenancy. In 2000,

they sold a portion of their land to Brad Magness for $325 per acre. During the

discussions leading up to the sale, Magness agreed to that purchase price with the

understanding that he would have an option to buy the remainder of their land at a

lower per-acre price. However, the 2000 purchase agreement did not mention any

such option and contained an integration clause. 1

[¶3.] In 2002, the Parmelys and Magness memorialized their option

agreement by signing a document titled “Real Estate Option” that provided

Magness an option to buy the remainder of the Parmelys’ land for $285 per acre. In

2006, the same parties signed a second “Real Estate Option” that corrected a

1. The integration clause provided: “INTEGRATION: This writing constitutes the entire Agreement between the parties and there are no other oral or written agreements or understandings of any kind or character except those contained herein. This Agreement may be changed or modified only by a written agreement signed by the parties.” -1- #30135

typographical error in the legal description of the property. Both documents were

signed before a notary by all parties.

[¶4.] James died in 2018, and, by operation of law, Genevieve became the

sole owner of the land described in the real estate option documents. In March

2019, Genevieve transferred her interest in the land to the Genevieve J. Parmely

Revocable Trust. In July 2019, the Trust sought declaratory relief, asking the

circuit court to declare that both real estate options were “not valid under South

Dakota law and that any and all rights granted by the [real estate options] are

hereby extinguished.” Magness answered and asserted that the Trust failed to

state a claim upon which relief could be granted. In April 2020, Magness advised

the Trust he was exercising his option to purchase the remaining property.

[¶5.] During his deposition, Magness testified that the $325-per-acre asking

price by the Parmelys in the 2000 purchase agreement was above the market value

of the property at the time and the Parmelys were firm on this price because it

provided them sufficient funds to purchase other property. Magness told them that

he would be willing to pay $325 per acre if they gave him an option to purchase the

rest of the land for $285 per acre, a price that Magness believed reflected the fair

market value of the property at the time. Magness testified that the Parmelys

orally agreed to give Magness an option to purchase the remaining property on

these terms. Magness’ testimony is undisputed as it is the only recollection of

events in the settled record. James passed away before litigation, and Genevieve

was not competent to testify. The Trust moved for summary judgment, arguing

that the option agreements were “void for lack of consideration.” Magness opposed

-2- #30135

the motion, arguing that “there is a genuine issue of material fact as Brad Magness

in his deposition testimony . . . clearly indicates he paid an increased price for the

property in the underlying Purchase Agreement on the condition that he receive an

option to purchase the remainder of Plaintiff’s real property at a lesser price.” In

November 2021, following a hearing on the summary judgment motion, the circuit

court issued a memorandum decision denying the motion because there were

disputed material facts about whether there was valid consideration for the option

agreements.

[¶6.] In March 2022, the Trust filed a motion requesting the circuit court to

clarify and reconsider its summary judgment order. Magness filed a cross-motion

for summary judgment in which he asked the circuit court to enter a judgment in

his favor, determining the option agreements were supported by valid

consideration. Magness argued that he was entitled to judgment as a matter of law

because “SDCL 53-6-3 states a written instrument is presumptive evidence of a

consideration” and his undisputed testimony established that he agreed to pay the

higher price for the initial parcel in return for an option to purchase the remaining

land.

[¶7.] On the morning of May 26, 2022, the circuit court entered an order

approving a stipulation between the parties authorizing Magness to file an

amended answer that asserted a statute of limitations defense and a counterclaim

for enforcement of the option agreement. That afternoon, the parties appeared

before the circuit court to argue their motions. The parties did not mention the

amended answer or discuss Magness’ claim of a statute of limitations defense. At

-3- #30135

the end of the hearing, the circuit court requested post-hearing briefs on the cross-

motions for summary judgment. Following the hearing, the clerk of courts filed the

amended answer and the order approving the stipulation.

[¶8.] In June 2022—before the circuit court decided the pending motions—

the Trust moved for summary judgment a second time. It also filed a post-hearing

brief and a brief supporting its second motion for summary judgment. In these

briefs, the Trust argued that the integration clause in the 2000 purchase agreement

made the Parmelys’ prior oral promise for an option ineffectual.

[¶9.] On July 19, 2022, the circuit court issued a letter decision that said the

Trust’s motion for reconsideration was denied, Magness’ motion for summary

judgment was denied, and the Trust’s second motion for summary judgment was

granted. It determined that the written option agreements were not supported by

independent consideration and were null and void because the “performance of a

pre-existing duty cannot form the basis for valid consideration for a contract.”

[¶10.] Magness filed a “motion for reconsideration and/or to rescind court’s

July 19, 2022 opinion granting summary judgment in favor of Plaintiff.” Magness

argued that the circuit court improperly granted the Trust’s second summary

judgment motion before he could submit his opposition. On the same day, in light of

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Bluebook (online)
2023 S.D. 49, Counsel Stack Legal Research, https://law.counselstack.com/opinion/parmely-trust-v-magness-sd-2023.