Dave Williams Printing Co. v. Wooten

OPINION

BROOKS McLEMORE, Special Judge.

This is a suit by the optionee seeking specific performance of an option contract for the sale of real property. The Chancellor held:

1. The plaintiff-optionee gave the defendant-optionor notice of intention to exercise the option within the time provided by the contract.

2. The plaintiff-optionee was not required to tender payment with notice to exercise the option and was entitled to specific performance.

3. The plaintiff-optionee was under no obligation to pay rent on the real estate after July 30, 1981.

On appeal, the defendant-optionor asserts that the…