Damiano v. Finney

SHEPARD, Justice.

This action arises from a contract wherein the Finneys agreed to sell and the Damianos agreed to buy a lake front lodge property. Included in the contract was a provision granting a right of first refusal to purchase an additional parcel of land and also a fixed price option to purchase the same parcel of land under certain conditions. At a later time the Damianos sought to exercise the option to purchase the additional parcel and the Finneys refused on the basis that the conditions had not been complied with. The Damianos brought this action for specific performance which…