In Estate of Nicholas v. The Cutler Group (2015 Pa. Dist. & Cnty. Dec. LEXIS 56), a trial court judge in Bucks County recently enforced a valuation guaranty contained in a right of refusal set forth in a land acquisition deal entered into between a developer and individuals who sold land to the developer.
In the summer of 2002, Frank and Elizabeth S. Nicholas entered into a written agreement of sale with the Cutler Group Inc. for it to purchase over 300 acres of land owned by them in Hilltown Township, Bucks County, the opinion said.
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