— Order unanimously reversed, with costs, and motion denied. Memorandum: On April 16,1973 Dewey Dietrich sold approximately 29 acres of land to plaintiff’s assignors, his рarents Elon K. Rowlee and Gertrude Rowlee, for $3,500. In conjunction with the sale the parties entered into a further agreement by which plaintiff’s аssignors were granted a right of first refusal to purchase an additional 141-acre parcel adjacent to the property which was thе subject of the sale. That agreement, the subject of the controversy here, provided, in pertinent part, as follows: “[I]f at any time the undеrsigned or his heirs, executors, administrators or representatives desire to sell the premises covered by this Instrument * * * the said undersigned or his heirs, executors, administrators or representatives must give the said Elon K. Rowlee and Gertrude Rowlee, his wife, the right to purchase the same for [$6,500], This right of first rеfusal shall enure to the benefit of [Elon K. and Gertrude Rowlee], and further shall enure to the benefit of their heirs and assigns and estate.” The agreement was witnessed by the defendants Lillian Loomis, David Dietrich and Leían Dietrich, the children of Dewey Dietrich. Subsequently, by an instrument recorded Decеmber 10,1973, Elon and Gertrude assigned their rights under the option to their son E. Kevan, plaintiff herein. On or about October 21, 1976 Dewey Dietrich conveyed prоperty including the parcel described in the option to the other defendants. Plaintiff did not learn of the conveyance until 1979, at which time he commenced this action seeking specific performance of the option agreement or, in the alternative, a judgment dеclaring that defendants hold the property subject to plaintiff’s right of first refusal. Defendants variously asserted the following affirmative defenses: thаt Dewey Dietrich was without legal capacity to enter into this agreement because of his advanced age and mental infirmity; that the agreement constituted an improper restraint on alienation; that the option must fail because it was for an indefinite duration and was not exercised within a reasonable time; and that there had been a lack of consideration. We merely note that defendants did not assert that the option agreement violates the rule against perpetuities (EPTL 9.1-1, subds [a], [b]; cf. Buffalo Seminary v McCarthy,
88 A.D.2d 751
N.Y. App. Div.1982AI-generated responses must be verified and are not legal advice.
