Riddle v. Elk Creek Salers, Ltd.

Richard Riddle (“Appellant”), the personal representative of the estate of Stella M. Riddle (“Mrs. Riddle”), appeals from a judgment entered following a non-jury trial that granted Elk Creek Salers, Ltd. (“Respondent”) an abatement of $20,000 on the purchase price of real estate.

On April 1, 1994, Mrs. Riddle entered into a three-year lease agreement with Respondent to lease it approximately 287 acres in Lawrence County. The lease allowed Respondent the option of extending the lease for periods of one year at a time “until such time as the farm [could] be sold.” Respondent had the right to…