Van Carr Enters., Inc. v. Hamco, Inc.

Annabelle Clinton Imber, Justice.

Appellants Van Carr Enterprises, Inc. (“Van Carr Enterprises”), Zhang Corporation, Van Carr and Helen Carr, appeal the circuit court’s judgment and decree of specific performance ordering Van Carr Enterprises to sell real estate to Appellees Hamco, Inc. (“Hamco”), and Moore Properties, Inc. (“Moore Properties”). The facts underlying the appeal are as follows.

On June 24, 2002, Van Carr Enterprises and Hamco entered into a commercial lease agreement with an option to purchase the “Carr Building” located in Russellville, Arkansas. The contract provided that it…