Kadansky v. Fickett

The circuit court of Cook County granted the plaintiffs specific performance of an option contract to purchase certain real estate from the defendants. The appellate court reversed (Kadansky v. Fickett (1972), 4 Ill. App. 3d 152), and we granted leave to appeal. The sole issue is whether a letter mailed by the plaintiffs’ attorney to the defendants’ attorney constituted an unconditional exercise of the option.

In June of 1967 the plaintiffs, Jerry and Janet Kadansky, and the defendants, Albert and Shirley Fickett, entered into a contract by which the defendants, for a consideration of $100,…