In Re the Estate of Pelzman

This is an appeal from an order of the Ninth Judicial District, Teton County, determining that Joe and Floie Lee (the Lees) have waived their right of first refusal to the sale of the Pelzman ranch for a price of $120,000, and approving the sale of the same property to Cloyd and Lloyd Stott. We affirm.

We consider the following issues on appeal:

1. Did the District Court err in determining that the Lees waived their right of first refusal to the Pelzman ranch?

2. Did the District Court err in returning $120,000 tender money to the Lees and substituting a Bank Letter of Credit?

This is the second…