Legal Opinion
Matter of Estate of Jorstad
North Dakota Supreme Court
Decided October 24, 1989No. Civ. 890035PublishedCited by 15 opinions
1Opinion of the Court
LEVINE, Justice.
This appeal involves the construction of an instrument labelled “Option Contract”, signed only by the optionors, and a determination of the effect, if any, of the subsequent will of one of the optionors upon that document.
On June 30, 1970, Pearl and Martin C. Jorstad signed a document denominated “Option Contract” giving their two sons, Maynard Jorstad and Marvin Jorstad, “the exclusive right to purchase the real estate above described, for the sum of $70,-000.00.” The document also provided:
“This option cannot be exercised until the death of either Martin C. Jorstad [Pearl’s…
2Cases cited6 opinions
- Harrington v. HarringtonNorth Dakota Supreme Court · 1985
- Farmers Union Oil Co. of New England v. MaixnerNorth Dakota Supreme Court · 1985
- Gulden v. SloanNorth Dakota Supreme Court · 1981
- Wilson v. WilsonNorth Dakota Supreme Court · 1985
- Wessels v. WhetstoneNorth Dakota Supreme Court · 1983
1 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Reed v. University of North DakotaNorth Dakota Supreme Court · 1999
- Johnson v. JohnsonNorth Dakota Supreme Court · 2000
- Maragos v. Norwest Bank Minnesota, N.A.North Dakota Supreme Court · 1993
- Matrix Properties Corp. v. TAG INVESTMENTSNorth Dakota Supreme Court · 2000
- State v. LarsenNorth Dakota Supreme Court · 1994
10 more not listed; retrieve them via the Exa API.