Legal Opinion
1100 Vermont Avenue Associates v. Commonwealth Land Title Insurance
District Court, District of Columbia
Decided October 12, 1988No. Civ. A. No. 87-3023 (TPJ)Published
1Opinion of the Court
MEMORANDUM AND ORDER
JACKSON, District Judge.
By a detailed written contract dated August 31, 1987, a four-party District of Columbia limited partnership known as 1100 Vermont Avenue Associates (“sellers”) agreed to sell a parcel of Washington, D.C. real property improved by an office building on Vermont Avenue, N.W., to two New York City businessmen, Peter Sharp and Norman L. Peck (“purchasers”), for $11,-400,000. The contract called for a purchase money deposit of $500,000 to be paid in two installments and held by Commonwealth Land Title Insurance Company (“Commonwealth”), a Pennsylvania…
2Cases cited4 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Harrington v. HeaneyDistrict of Columbia Court of Appeals · 1953
- Butler v. MyersDistrict of Columbia Court of Appeals · 1962