Meadowlark Investment Corp. v. Croeni

Plaintiff, a real-estate investment corporation, seeks to enforce an earnest-money agreement entered into with a landowner who died after announcing her intent not to perform. The trial court denied specific performance in a suit against the administrator of the seller’s estate and the plaintiff appeals.

In 1960, the president of Meadowlark was .approached by a real-estate salesman who was seeking a buyer ‘ for certain land situated in Washington County. The property had been listed .with a broker for sale. The trial court found that an offer to sell, set forth in the earnest-money receipt,…