2342 Broadway LLC, Twentythree Fortytwo LLC v. Phil Ting in his capacity as the Assessor-Recorder of the City and County of San Francisco
Published: May 31, 2014 | Result Date: May 2, 2014 | Filing Date: Jan. 1, 1900 |Case number: CGC-12-519888 Settlement – $37,500
Court
San Francisco Superior
Attorneys
Plaintiff
Defendant
Facts
2342 Broadway LLC and Twentythree Fortytwo LLC sued Phil Ting in his capacity as the Assessor-Recorder of the City and County of San Francisco, in connection with a real property tax assessment.
Contentions
PLAINTIFFS' CONTENTIONS:
On March 26, 2010, Twentythree Fortytwo sold a property located on Broadway St. in San Francisco. It claimed to have paid $202,500 for real property transfer tax. Plaintiff contended that it was entitled to $66,825 in refund as a result of seismic safety construction improvements it made to the property. However, defendants denied its request for a refund. As a result, plaintiff sued defendants, seeking a refund.
DEFENDANTS' CONTENTIONS:
Defendants disputed plaintiffs' allegations, and asserted various affirmative defenses.
Damages
Plaintiff requested $66,825, plus interest.
Result
The parties settled the dispute for $37,500.
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