Bonnco Petrol, Inc. v. Epstein

The opinion of the Court was delivered by

GARIBALDI, J.

This appeal concerns a dispute between the parties to an option agreement over whether they intended the sum of $10,-000, the price of the option, to be credited to the purchase price. The problem arises because after the parties negotiated the contract, the purchaser, Bonnco Petrol, Inc. (Bonnco), and its agent, Marvin Isdaner, the realtor, unilaterally inserted in the option agreement the following clause: “such monies to be applied toward purchase price.”

The realtor took the contract to the home of the seller, Mr. Epstein, but did not…