Francis v. Yates
Indiana Court of Appeals
1Opinion of the Court
OPINION
RUCKER, Judge.
In a dispute over the interpretation of a contract the trial court entered summary judgment in favor of property owner Appel-lee Helen Catherine Yates (“Tates”). Appellant Donald W. Francis, Sr., (“Francis”) a potential buyer of the property, now appeals. We address the following rephrased issue: whether the right of first refusal contained in the contract violated the Rule against Perpe-tuities thus rendering the contract void. We reverse.
On January 28, 1988, Francis and Yates entered into a written agreement for the sale and purchase of certain real property. The…
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