FUNDING PARTNERS, INC. v. RIT AUTO LEASING GROUP, INC.


288 A.D.2d 431 (2001)

733 N.Y.S.2d 901

FUNDING PARTNERS, INC., Respondent, v. RIT AUTO LEASING GROUP, INC., Appellant.

Appellate Division of the Supreme Court of the State of New York, Second Department.

Decided November 26, 2001.


Ordered that the order is affirmed insofar as appealed from, without costs or disbursements.

By agreement dated April 1, 1997, the parties agreed that the defendant would pay an acquisition fee to the plaintiff for leasing transactions in which the plaintiff located a financing source. Specifically, the agreement provided that the plaintiff was requested to locate a financing source "in connection with [the defendant's] auto and or equipment leasing transactions." Upon the defendant's refusal to pay acquisition fees to the plaintiff in connection with lease transactions, the plaintiff commenced the instant action, inter alia, to recover damages for breach of contract. The Supreme Court awarded the plaintiff summary judgment on that cause of action. We affirm.

Whether a writing is ambiguous is a question of law to be resolved by the court (see, W.W.W. Assocs. v Giancontieri, 77 N.Y.2d 157, 162). The intent of the parties to a contract can be determined as a matter of law without a trial where that intent is discernible from the four corners of an unambiguously-worded agreement (see, Hartford Acc. & Indem. Co. v Wesolowski, 33 N.Y.2d 169). Where, however, the language is susceptible of varying but reasonable interpretations, the parties may submit extrinsic evidence as an aid in construction, and the resolution of the ambiguity is for the trier of the fact (see, State of New York v Home Indem. Co., 66 N.Y.2d 669, 671).

The Supreme Court correctly determined, as a matter of law, that the parties intended that the acquisition fees were to be paid to the plaintiff for all lease transactions, and that the agreement was not limited to commercial leases. Accordingly, the award of summary judgment to the plaintiff was proper (see, Pouch Term. v Hapag-Lloyd [Am.], 172 A.D.2d 735).


Comment

1000 Characters Remaining

Leagle.com reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

User Comments

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases