Title: Assignment. Fox Brothers Enterprises, Inc, agreed to convey to Canfield a lot, Lot 23, in a ... Post by: zainwadi on Jan 27, 2018 Assignment. Fox Brothers Enterprises, Inc, agreed to convey to Canfield a lot, Lot 23, in a subdivision known as Fox Estates, together with a one-year option to purchase Lot 24. The agreement did not contain any prohibitions, restrictions, or limitations against assignments. Canfield paid the price of 20,000 and took title to Lot 23. Thereafter, Canfield assigned his option right in Lot 24 to the Scotts. When the Scotts tried to exercise their right to the option, Fox Brothers refused to convey the property to them. The Scotts then brought a suit for specific performance. What was the result?
Title: Assignment. Fox Brothers Enterprises, Inc, agreed to convey to Canfield a lot, Lot 23, in a ... Post by: Techflow21 on Jan 27, 2018 Content hidden
|