Carver v. Teitsworth

Opinion

BENKE, J.—

Introduction

In this case a prospective purchaser of real property submitted a sealed bid which stated he would pay “$1,000 more than any other sealed bid.” Although such bids have been severely criticized, as we explain in greater detail below, the record here is not sufficient to determine whether the bid submitted in this case was fatally defective.

Factual and Procedural Background

A. The Bidding

The facts which give rise to the parties’ dispute are for the most part, undisputed. In early September 1988, Robert A. Teitsworth decided to sell four acres of improved property he…