Legal Opinion

Wallace Real Estate Investment, Inc. v. Groves

Court of Appeals of Washington

Decided January 31, 1994No. 31254-5-IPublishedCited by 15 opinions

1Opinion of the CourtPekelis, J.

Wallace Real Estate Investment, Inc. (Wallace) appeals the dismissal of its claim for the refiind of $260,000 in earnest money and extension payments retained as liquidated damages under a real estate purchase and sale agreement. We affirm.

I

On August 1,1989, Roddy Cox, Wallace's assignor, and Joanna Groves, James Siler, and Charles Siler (the sellers) executed a real estate purchase and sale agreement and first addendum whereby Cox agreed to pay $1,520,000 for 10 acres of undeveloped property located in Snohomish County, Washington.

The sellers and Cox, the assignor-purchaser, negotiated the…

2Cases cited12 opinions

  1. Ferree v. Doric Co.Washington Supreme Court · 1963
  2. Brown v. Spokane County Fire Protection District No. 1Washington Supreme Court · 1983
  3. DuVon v. Rockwell InternationalWashington Supreme Court · 1991
  4. CKP, Inc. v. GRS Construction Co.Court of Appeals of Washington · 1991
  5. Management, Inc. v. SchassbergerWashington Supreme Court · 1951

7 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Wallace Real Estate Investment Inc. v. GrovesWashington Supreme Court · 1994
  2. Meresse v. StelmaCourt of Appeals of Washington · 2000
  3. Meresse v. StelmaCourt of Appeals of Washington · 2000
  4. Watson v. IngramWashington Supreme Court · 1994
  5. Degroot v. Berkley Construction, Inc.Court of Appeals of Washington · 1996

10 more not listed; retrieve them via the Exa API.

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