Alfinito v. Sater

Defendants have appealed from adverse judgments in separate actions, consolidated for trial, in which plaintiffs were granted decrees of specific performance of an alleged obligation to convey interests in land to the respective plaintiffs.

The controversy revolves around the interpretation of a certain agreement of joint venture which was executed by all of the parties. The basic questions are: (1) were the plaintiffs’ rights to purchase an interest in the land which was the subject of the joint venture dependent upon the commencement of construction or other conditions relating to the…