In Re Dennis Snaza Family Trust
South Dakota Supreme Court
1Opinion of the CourtSeverson, Justice
[¶1.] Wayne Snaza gave notice of his intent to exercise his rights under an option agreement to purchase all the real property held by the Dennis Snaza Family Trust, which was under court supervision *721 at the time. Ronald Snaza and Ann Perrell, as beneficiaries of the Trust, objected to Wayne's claimed rights to the property, arguing the option agreement was invalid. After a hearing, the circuit court ruled that the option agreement was void because it could not survive the contemporaneous execution of deeds to the same real property. The circuit court also ruled that even if the option…
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