Alexander's Land Co. v. M & M & K Corp.

This dispute arose out of the attempted exercise of an option to purchase real property where a restaurant is situated. The trial court denied the buyer’s request for specific performance of the option. The Court of Appeals held the buyer was entitled to specific performance, finding that, except for failing to meet a condition precedent, the buyer had properly exercised the option and thus the seller should have given the buyer notice of default and a right to cure. Alexander’s Land Co. v. M & M & K Corp., Op. No.2007-UP-364 (S.C. Ct.App. filed Aug. 29, 2007). We granted a petition for a…