Youree v. Eshaghoff

Josephine Linker Hart, Judge.

Appellee Raymond Eshag-hoffsued appellants Gary and Cynthia Youree and their two revocable trusts for specific performance of a contract to sell real property. The trial court granted specific performance, and appellants appealed. We reverse the trial court’s decision.

In 2004, appellee agreed to buy fifteen acres of appellants’ property (where they operated a business, Ace Pallets) at $70,000 per acre, for a total price of $1,050,000. Closing was to occur by February 17, 2005, and the contract was contingent upon a “feasibility study.” It also provided:

Seller to…