Tachdjian v. Phillips

Miller, Judge.

The dispositive issue in this appeal is a matter of contract interpretation. The signatories to a purchase agreement dispute whether the terms expressed in a particular paragraph of their contract constituted solely a right of first refusal, or in addition, created an enforceable option to purchase certain specified realty. Finding the language at issue established only a “right of first refusal” and not an option to purchase, the trial court entered summary judgment in favor of C”. J. Phillips, the property seller. We find the contractual language at issue ambiguous and remand…