Trecker v. Langel

McCORMICK, Justice.

The question here concerns the validity of an agreement granting a preemptive right to purchase real estate at a fixed price. In 1973, plaintiffs Dennis and Barbara Trecker granted Ted and Clara Langel a thirty-year preemptive right to purchase eighty acres of farmland at a price of $650 per acre. Plaintiffs brought this declaratory judgment action asking that the agreement be declared invalid. The trial court entered summary judgment for them, and defendants appeal. We affirm.

Plaintiffs attacked the validity of the agreement on two grounds. They alleged it violated the…