93 N.J. Eq. 172 | N.J. | 1921
The opinion of the court was delivered by
Where a contract is sought to be established through the medium of letters between a prospective seller and a prospective buyer of real property, it must clearly and unequivocally appear
In the present case the complainant filed a bill for specific performance in the court below, praying that the defendant be specifically decreed to convey' to the complainant certain real property situate in the borough of Vineland. The basic fabric of the bill is composed of certain letters which passed between the parties to this controversy, the complainant insisting that ■such correspondence constituted a valid contract between himself and the defendant, obligating her to convey the property to him.
The learned vice-chancellor in an oral deliverance held that there was no unequivocal acceptance by complainant of the defendant’s offer contained in her letter prior to the time that she withdrew such offer, and hence the bill was dismissed.
We think the result reached by the vice-chancellor was warranted by the proofs in the cause.
The only mooted question as presented to us by counsel of the respective litigants is, Was there an rmqualified acceptance of the terms of sale by the complainant? . .
The solution of this query must be determined by the offer to sell, made by the defendant in her letter to complainant of January 30th, 1919, in which she states the offer to sell in these terms: “I will sell to you for $5,000, $1,000 cash, and the balance of $4,000 on a mortgage for three years at 5 per cent. If renewal is desired at the end of the three j^ears, it will be a-t 6 per cent.and the final letter of July 22d, 1919, written to the defendant by complainant, which letter reads:
“I wish you would be good enough to send me, for inspection, the agreement between you and Mr. Tower concerning the alley between 542 and the post office building. I shall be ready at the appointed time to make payment on the purchase of 542 Landis avenue, but I should, nevertheless, like to go over the agreement in question very carefully.”
The decree is affirmed, with costs.