Chip and Joanna Gaines will have one less problem on their minds, as they finally end one of their pending lawsuits.
The hosts of HGTV’s hit reality show “Fixer Upper” settled a lawsuit against their Magnolia Silos property. The settlement amounted to $1 million dollars, according to rRadar Online. The lawsuit was filed way back in October of 2016. It stemmed from the Gaineses’ move to put a fence on the property of their neighbor without the latter’s consent.
The couple placed the fence to block the parking area in favor of the customers of the Magnolia Silobration, according to the court documents from the McLennan County in Texas. Daron Farmer, managing member of Hear Properties and owner of the said parking lot, was planning to charge $10 for parking on the space. As a response, Gaines blocked off the area by placing a fence, which led to Farmer filing a lawsuit.
“A settlement has been reached,” said Head Properties lawyer David G. Tekell, Head Properties to Radar. “It will not be filed in court,” he also mentioned.
The lawsuit was one of three pending lawsuits the couple is facing. Last month, Chip Gaine’s ex-business partners L. Lewis and Richard L. Clark also filed a $1 million dollar lawsuit, accusing the TV host of fraud. They alleged that Gaines conspired to cheat them into selling their shares at Magnolia Realty for $2,500 each back in 2013. The two claimed that the sale was completed without Gaines informing them that the company was about to boom because of “Fixer Upper” being added into HGTV’s lineup.
The show provided significant exposure to Magnolia Realty, which contributed to its success. Apart from the $1 million dollar lawsuit, the two are also fighting for the restoration of their shares in Magnolia.
Gaines, on the other hand, dismissed the charges, saying they are all “meritless.”