Buxton v. Glennon

The issue in this case is whether the Master (Robert A. Carignan, Esq.), whose recommendation was approved by the Superior Court (Temple, J.), erred in finding that the defendant seller’s title was unmarketable because it was clouded by an option to purchase which had previously been granted to a third party. We reverse.

On May 2, 1979, the parties executed a purchase-and-sale agreement concerning real estate in Henniker, New Hampshire. Conveyance of the property was contingent upon the buyer’s obtaining financing. The Concord Savings Bank agreed that it would approve the buyer’s application…