Smith v. Crimson Ridge Development, LLC

OPINION

VANMETER, Judge:

The appellants, David and Bettye Smith (“the Smiths”), appeal from the Warren Circuit Court order granting summary judgment in favor of Crimson Ridge Development, LLC (“Crimson Ridge”). We affirm.

Crimson Ridge entered into a contract with the Smiths to purchase forty-six acres of land located in Warren County, Kentucky. The contract provides for Crimson Ridge to pay $50,000 within five days of execution, another $150,000 at closing, and the remaining $875,000 over a term of five years. Section 3 of the contract, titled “Contingencies,” lists a number of conditions…