Question
The Winklers were interested in purchasing a home in the Valleyview Farms housing development. They contracted the developer, Galehouse, and selected a lot that cost
The Winklers were interested in purchasing a home in the Valleyview Farms housing development. They contracted the developer, Galehouse, and selected a lot that cost $57,000. They asked the developer to show them plans for houses for which the construction costs would range from $1800,000 to 190,000, indicating that this was the price they would be willing to spend on construction only and wasn't to include the lot price. The developer gave them several books and plans to look at. After the Winklers had several conversations with Galehouse, he drafted plans for a house and gave the Winklers a quote of $198,000 for the construction costs. The lot price was not included. After several weeks of negotiations, the parties agreed on a price of $291,000 for both the construction costs and the lot. Galehouse prepared a written contract to reflect the agreement of the parties, but he forgot to include the lot price. The final contract read "price for $198,000." The Winklers paid Galehouse $57,000, the lot price, as a down payment. When the construction was completed, and the Winklers were finalizing their loan from the bank, the parties discovered the error in the contract. The Winkler's argued that the written contract indicated total costs of $198,000, and that is the total amount they should pay. Galehouse sued to have the contract reformed to reflect the full agreed upon price of $291,000. Should the contract be reformed? Why or why not? Fully explain your answer.
- Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant).
- Identify the facts associated with the case and fact patterns.
- Develop the appropriate legal issue(s) in question (i.e., the specific legal issue between the two parties).Provide a judgment on who should win the case - be clear.
- Support your decision with an appropriate rule of law.
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