Matrix Properties Corp. v. TAG INVESTMENTS

VANDE WALLE, Chief Justice.

[¶ 1] TAG Investments and James A. Grettum (“TAG”) appealed from a summary judgment in favor of E.W. Wylie Corporation (“Wylie”), granting specific performance of an option agreement. TAG asserts Wylie failed to exercise its option, and alternatively, its exercise of the option was conditional. Wylie timely and unconditionally complied with the option agreement. We affirm.

[¶ 2] In October 1996, TAG agreed to sell Wylie certain real estate in Cass County. As part of the transaction, Wylie received an option to purchase approximately 114 additional acres from TAG. The…