Wilburn v. Mangano

PRESENT: All the Justices ANN M. WILBURN, ET AL. OPINION BY v. Record No. 191443 JUSTICE S. BERNARD GOODWYN December 10, 2020 ANTHONY JOHN MANGANO FROM THE CIRCUIT COURT OF THE COUNTY OF NORTHUMBERLAND Roy M. McKenney, Judge In this appeal, we consider the issue of whether “fair market value” on a specified date, without more specificity, is a sufficiently certain price term to allow a court to compel specific performance of a contract regarding the purchase of real estate. BACKGROUND On March 19, 2002, Jeanne S. Mangano (Jeanne) executed a will wherein she devised her residence (the…