Laska v. Barr

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The Laskas entered into a contract involving real property with the Barr Partners. Believing the contract created an option, the Barr Partners attempted to buy the property listed in the contract. The Laskas contended that the contract was ambiguous and void for lack of a time of performance and lack of mutual assent. The circuit court found the contract to be unambiguous and concluded that it granted the Barr Partners a right of first refusal and limited their rights under the contract. The Supreme Court reversed, holding that the contract was ambiguous. Remanded to the circuit court to consider extrinsic evidence and to determine the parties’ intent. View "Laska v. Barr" on Justia Law