Brack v. Brownlee

Nichols, Justice.

Appellants are purchasers of real property who brought this action for specific performance of a real estate sales contract. The trial court found that the contract was unenforceable and entered judgment for appellees, the vendors of the property. This court reverses.

Appellants made an offer to purchase appellees’ land for $48,900.00. Appellees counter-offered to sell for $51,900.00. Appellants accepted this offer and paid $1,000.00 earnest money to the real estate broker who listed appellees’ property. Appellees were notified of appellants’ acceptance. Shortly after reaching…