Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Reese Aherns signed a contract to purchase a mountain home from Mr. and Mrs. Jack Johnson. The contract included the following condition (hand written in

Reese Aherns signed a contract to purchase a mountain home from Mr. and Mrs. Jack Johnson. The contract included the following condition (hand written in an addendum signed by both parties): home from Mr. and Mrs. Jack Johnson. The contract included the following condition (hand written in an addendum signed by both parties):

Closing is subject to buyer's inspection of property by him and his designated specialist and complete satisfaction of specialist with property condition.

Aherns's specialist inspected the property and said he thought the roof would need to be replaced in a few years. He also felt some wood near the front of the cabin should be replaced. Aherns demanded that the Johnsons fix these items or he would not close. The Johnsons maintain they did not agree to any repairs; the condition was for Aherns' protection so that he could opt out of the agreement. Aherns has threatened to sue for breach of contract. Who should win?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law And The Legal Environment

Authors: Jeffrey F Beatty, Susan S Samuelson

9th Edition

0357633369, 978-0357633366

More Books

Students also viewed these Law questions

Question

The relevance of the information to the interpreter

Answered: 1 week ago