Thunderbolt Harbour Phase II Condominium Assocaition, Inc. v. Michael F. Ryan

CourtCourt of Appeals of Georgia
DecidedMarch 27, 2014
DocketA13A1827
StatusPublished

This text of Thunderbolt Harbour Phase II Condominium Assocaition, Inc. v. Michael F. Ryan (Thunderbolt Harbour Phase II Condominium Assocaition, Inc. v. Michael F. Ryan) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Thunderbolt Harbour Phase II Condominium Assocaition, Inc. v. Michael F. Ryan, (Ga. Ct. App. 2014).

Opinion

SECOND DIVISION BARNES, P. J., MILLER and RAY, JJ.

NOTICE: Motions for reconsideration must be physically received in our clerk’s office within ten days of the date of decision to be deemed timely filed. http://www.gaappeals.us/rules/

March 27, 2014

In the Court of Appeals of Georgia A13A1827. THUNDERBOLT HARBOUR PHASE II CONDOMINIUM ASSOCIATION, INC. v. RYAN

MILLER, Judge.

This construction defects case arises out of the construction of Thunderbolt

Harbour Condominium Phase II (“Phase II”), a building comprised of seven adjoining

residential waterfront condominium units. The homeowners’ association for Phase

II, Thunderbolt Harbour Phase II Condominium Association, Inc. (“Phase II HOA”),

sued Michael R. Ryan, in his capacity as the officer and director of Phase II HOA, for

breach of fiduciary duty for failing to adequately inspect and repair construction

defects, maintain adequate insurance coverage, and maintain the building.1 Following

1 Phase II HOA asserted other claims against Ryan and also sued the developer/general contractor of Phase II, Ryan Builders, and other individuals involved in the construction of Phase II. Ryan Builders filed a third-party complaint, as amended, against several sub-contractors. Pursuant to the parties’ joint stipulation, a hearing, the trial court granted Ryan’s motion for summary judgment on the

grounds that Georgia law did not recognize a fiduciary duty to turn over common

areas of Phase II in good repair. Phase II HOA appeals from that ruling, contending

that the trial court erred in concluding that Georgia law does not recognize a breach

of fiduciary duty claim against the sole officer and director of a homeowners’

association. For the reasons that follow, we reverse.

On appeal from the grant or denial of a motion for summary judgment, we

conduct a de novo review of the law and evidence, viewing the evidence in the light

most favorable to the nonmovant, to determine whether a genuine issue of material

fact exists and whether the moving party was entitled to judgment as a matter of law.

Holbrook v. Stansell, 254 Ga. App. 553, 553-554 (562 SE2d 731) (2002).

So viewed, the evidence shows that in February 2000, Brunson and Bonner,

LLC executed a condominium declaration for Thunderbolt Harbour Condominium

(the “Declaration”) and it became the developer. The Declaration contemplated the

construction of 36 units in four buildings and reserved the option to expand the

condominium complex by adding up to seven units on a portion of the subject

the trial court dismissed the claims against all defendants and all claims against Ryan, individually, with the exception of claims against him in his capacity as the officer and director of Phase II HOA. Consequently, only claims against Ryan remain.

2 property. After the original 36 units were at or near completion, Brunson and Bonner

elected to exercise its right to expand the condominium complex, and thereafter,

transferred its interest in the expansion property, now known as Phase II, along with

the right to build Phase II, to Ryan Builders. Ryan Builders served as the developer

and general contractor for Phase II, which was constructed between 2001 and 2003.

By the fall of 2003, Ryan Builders completed construction of Phase II. Ryan

Builders then filed Articles of Incorporation with the Georgia Secretary of State to

form Phase II HOA. Thereafter, on December 5, 2003, the Declaration was amended

to provide that Phase II HOA would administer the expansion units of Phase II. That

same day, Ryan Builders conveyed the common areas of Phase II, including such

things as the building’s roof and exterior cladding, to the Phase II HOA.

Between December 2003 and June 2005, Ryan Builders sold all seven of the

Phase II units to third-party purchasers, who automatically became members of the

Phase II HOA. During that time, Ryan served as the sole officer and director of Phase

II HOA. Ryan maintained a package policy of general commercial liability and

property insurance for Phase II. He also assessed HOA fees to the condominium

owners and deposited those fees into the Phase II HOA back account that he

3 controlled. In July 2006, Ryan transferred control of the Phase II HOA bank account

to Phase II HOA.

Between July 2006 and March 2010, there was no further communication

between Ryan and Phase II HOA. In March 2010, counsel for Phase II HOA sent a

letter to Ryan regarding construction defects at Phase II. After the parties could not

come to a resolution, Phase II HOA filed suit against Ryan, alleging that he breached

a fiduciary duty as Phase II HOA’s sole officer and director by failing to inspect,

maintain, repair, and sue subcontractors for construction defects. The trial court found

that Ryan had no fiduciary duty to turn over the common areas in good repair, and

therefore granted his motion for summary judgment. Phase II HOA appeals from the

trial court’s grant of summary judgment to Ryan.

1. On appeal, Phase II HOA contends that the trial court erred in concluding

that Georgia law does not recognize a breach of fiduciary duty claim against the sole

officer and director of a homeowners’ association. We agree.

A fiduciary or confidential relationship arises

where one party is so situated as to exercise a controlling influence over the will, conduct, and interest of another or where, from a similar relationship of mutual confidence, the law requires the utmost good faith, such as the relationship between partners, principal and agent, etc.

4 OCGA § 23-2-58. A fiduciary or confidential relationship may be created by law,

contract, or the facts of a particular case. See, e.g., Cochran v. Murrah, 235 Ga. 304,

306 (219 SE2d 421) (1975); Wright v. Apartment Investment and Mgmt. Co., 315 Ga.

App. 587, 592 (2) (a) (726 SE2d 779) (2012). Generally, the existence of a

confidential or fiduciary relationship is a factual matter for the jury to resolve. Wright,

supra, 315 Ga. App. at 592 (2) (a). Moreover,

[a] corporate officer or director owes to the corporation and its stockholders a fiduciary or quasi-fiduciary duty, which requires that they act in utmost good faith. Directors and officers in the management and use of corporate property in which they act as fiduciaries and are trustees are charged with serving the interests of the corporation as well as the stockholders.

(Citation and punctuation omitted.) Enchanted Valley RV Resort, Ltd. v. Weese, 241

Ga. App. 415, 423 (5) (526 SE2d 124) (1999).

In this case, Phase II HOA alleged construction defects to Phase II HOA

property, including defects in the building’s roof and exterior cladding. The evidence

showed that Ryan was the sole officer and director of Phase II HOA from its

inception until July 2006, when he handed over control of the Phase II HOA bank

account. Consequently, a jury could find that “[i]t fell within [Ryan’s] fiduciary duties

as a corporate officer to protect corporate property.” (Citation and punctuation

5 omitted.) Clarence L. Martin, P.C. v. Chatham County Tax Commr., 258 Ga. App.

349, 351 (574 SE2d 407) (2002).

Moreover, since Ryan was given the authority to act on behalf of Phase II

HOA, such as selecting insurance coverage for the association and imposing HOA

fees, a jury could find that Ryan acted as an agent for Phase II HOA.

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Related

Enchanted Valley RV Park Resort, Ltd. v. Weese
526 S.E.2d 124 (Court of Appeals of Georgia, 1999)
Bailey v. STONECREST CONDOMINIUM ASS'N
696 S.E.2d 462 (Court of Appeals of Georgia, 2010)
Cochran v. Murrah
219 S.E.2d 421 (Supreme Court of Georgia, 1975)
Holbrook v. Stansell
562 S.E.2d 731 (Court of Appeals of Georgia, 2002)
Georgia Society of Plastic Surgeons, Inc. v. Anderson
363 S.E.2d 140 (Supreme Court of Georgia, 1987)
Wright v. Apartment Investment & Management Co.
726 S.E.2d 779 (Court of Appeals of Georgia, 2012)
Georgia-Pacific, LLC v. Fields
748 S.E.2d 407 (Supreme Court of Georgia, 2013)
Clarence L. Martin, P.C. v. Chatham County Tax Commissioner
574 S.E.2d 407 (Court of Appeals of Georgia, 2002)
Truelove v. Buckley
733 S.E.2d 499 (Court of Appeals of Georgia, 2012)

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Thunderbolt Harbour Phase II Condominium Assocaition, Inc. v. Michael F. Ryan, Counsel Stack Legal Research, https://law.counselstack.com/opinion/thunderbolt-harbour-phase-ii-condominium-assocaition-inc-v-michael-f-gactapp-2014.