Stark v. Fry
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*238OPINION OF THE COURT
Dillon, P. J.
In an action by plaintiffs for specific performance of a contract to purchase real property owned by defendants, the principal issue presented on appeal is whether the exercise by the optionee’s agent of an option, granted in a written and otherwise sufficient agreement signed by all principals, is ineffective unless the agent had written authority to act on behalf of the optionee. We hold that the agent’s authority to exercise the option need not be in writing.
On January 26, 1985, the defendants and Richard A. Hutch-ens & Associates (Hutchens) executed an…
2Cases cited9 opinions
- Hallock v. StateNew York Court of Appeals · 1984
- Sy Jack Realty Co. v. Pergament Syosset Corp.New York Court of Appeals · 1971
- Welsh v. JakstasIllinois Supreme Court · 1948
- Read v. HenzelAppellate Division of the Supreme Court of the State of New York · 1979
- Tymon v. LinokiNew York Court of Appeals · 1965
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- Weissman v. AdlerAppellate Division of the Supreme Court of the State of New York · 1992
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