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for VTC. In 1960, decedent and Betty Van Tine told Ann Van Tine
that they wanted to give her a 50-percent joint interest in VTC
property when they retired and that they hoped that she would
continue to work for VTC.
In 1967, decedent and his partner, Bert E. Moore, Jr.
(Moore) (not otherwise identified in the record), were building
houses on three small tracts. Moore and decedent each supervised
one site. Ann Van Tine supervised the completion of the houses
on the third tract.
Ann Van Tine received no salary for her work for VTC. She
never applied for a contractor's license, never was bonded, never
signed a contract on behalf of VTC, and did not have regular
hours or duties. She did not have signature authority on the VTC
checking account. She was not listed as a beneficiary on any
insurance contract for VTC properties. She did not do office
work for VTC. Betty Van Tine managed the VTC office, kept the
books, and answered the phone.
2. Ann Van Tine's Real Estate License
In 1967, Ann Van Tine obtained a real estate agent's
license. She used it to show VTC properties to prospective
buyers, to help potential buyers of VTC tract homes sell their
present homes, to sell homes that VTC had built, and to help
potential customers find lots for contract homes. She also sold
property not owned by VTC.
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Last modified: May 25, 2011