Legal Opinion

Owens v. Jones

Supreme Court of Arkansas

Decided December 18, 1978No. 78-182Published

1Opinion of the Court

George Rose Smith, Justice.

On January 13, 1977, the parties to this suit signed a printed Farmers Home Administration form, entitled “Option to Purchase Real Property,” by which the appellants, Mr. and Mrs. Owens, granted to the appellees, Mr. and Mrs. Jones, an option to purchase 79.37 acres of land for $27,779.50. Eventually the Joneses exercised their option to buy, but the Owenses refused to sell. The Joneses then brought this suit for specific performance. The Owenses, in appealing from a decree granting that relief, argue three points for reversal.

The first two points are overlapping…

2Cases cited2 opinions

  1. Hogan v. RichardsonSupreme Court of Arkansas · 1924
  2. Duclos v. TurnerSupreme Court of Arkansas · 1942

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