Crow-Spieker 23 v. Robert L. Helms Construction & Development Co.

OPINION

In early 1973, John E. Robinson (“Robinson”) and appellant Crow-Spieker #23 (“#23” or “the Partnership”) began negotiations for the purchase of a tract of land (“Tract A”) belonging to Robinson. In a letter accompanying the proposed sale agreement, Robinson granted #23 a right of first refusal on another tract (“Tract B”), just south of Tract A. The right of first refusal was set forth as follows:

As I stated in our telephone conversation of May 3, if and when we decide to sell the parcel of land south of Parcel A, between Kleppe Lane and Greg Street, you shall have the first…