Thornton v. Agassiz Construction, Inc.

OPINION

Agassiz Construction (“Agassiz”) was the owner of real property located at 2279 Rivercity Drive, Laughlin, Nevada (“lot 10”). On July 1, 1989, Agassiz executed a written contract, through its president, Aaron Stover, to sell lot 10 to Hurd Thornton and/or nominees for $245,000. Agassiz further agreed to finish construction of the house on lot 10 with the equivalent quality and workmanship of the house constructed by Agassiz on lot 20 before the close of escrow. Closing of escrow was contingent upon sale of lot 20 by Agassiz to a third party.

Escrow was to close on or before September 1,…