Legal Opinion
A.I.C. Trading Corp. v. Susman
District Court of Appeal of Florida
Decided May 5, 2010No. 3D09-842PublishedCited by 3 opinions
1Opinion of the CourtSalter, J.
AIC Trading Corp. appeals an amended final judgment entered following a non-jury trial. The question before us is in contention all too often in Florida real estate transactions: is a purchase option agreement executed by a landlord (appel-lees, the Susmans) and tenant (AIC) contemporaneously with a commercial lease binding and enforceable, or is it merely a preliminary and unenforceable summary of some, but not all, terms? The trial court concluded that the option agreement was unenforceable. We reverse and remand, finding that as a matter of law the option contained sufficient essential…
2Cases cited10 opinions
- De Vaux v. Westwood Baptist ChurchDistrict Court of Appeal of Florida · 2007
- Muniz v. Crystal Lake Project, LLCDistrict Court of Appeal of Florida · 2006
- Port Largo Club, Inc. v. WarrenDistrict Court of Appeal of Florida · 1985
- Twenty-Four Collection, Inc. v. M. Weinbaum Construction, Inc.District Court of Appeal of Florida · 1983
- Midtown Realty, Inc. v. HussainDistrict Court of Appeal of Florida · 1998
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3Cited by3 opinions
- Gables Ins. Recovery, Inc. v. Citizens Prop. Ins. Corp.District Court of Appeal of Florida · 2018
- 1700 RINEHART, LLC v. Advance AmericaDistrict Court of Appeal of Florida · 2010
- Gables Ins. Recovery, Inc. v. Citizens Prop. Ins. Corp.District Court of Appeal of Florida · 2018