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Property Keyed to Saxer
Rosenfeld v. Zerneck
Facts
Plaintiffs made an offer of $3,500,000 in cash for Defendant’s home. Plaintiffs followed up with an email, and the parties subsequently discussed the offer over the phone. Defendant then sent Plaintiffs a confirmation email accepting Plaintiffs’ cash offer. The email stated the $3,525,000 purchase price, the location of the home, and the closing date. The email also noted that Defendant’s attorney would subsequently prepare a contract of sale. Defendant concluded the email with a typed signature. After Defendant refused to sell the home, Plaintiffs brought suit, arguing that the email constituted a contract and seeking specific performance. Defendant moved for summary judgment.
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