Tompkins v. R. B. D. Land Exchange, Inc.

Cross appeals from a judgment of the Supreme Court in favor of defendant, entered October 3, 1980 in Greene *699County, upon a verdict rendered at Trial Term (Miner, J.). Plaintiffs Robert and Joyce Tompkins are the owners of real property in Greene County and defendant R. B. D. Land Exchange, Inc., is a land development corporation headed by its president and sole stockholder, Arthur Rogen, and Ambrose Devaney, the vice-president. On July 9, 1976, after explorative conferences and negotiations, the parties entered into a contract of sale whereby defendant purchased a large tract of land, the…