REYNOLDS v. SULLIVAN

No. 360-76.

383 A.2d 609 (1978)

Rodney REYNOLDS v. Barry SULLIVAN and Joyce Sullivan.

Supreme Court of Vermont.

February 7, 1978.


Attorney(s) appearing for the Case

Matthew I. Katz of Latham, Eastman, Schweyer & Tetzlaff, Burlington, for plaintiff.

Thomas S. Conlon of Gravel, Shea & Wright, Burlington, for defendants.

Before BARNEY, C. J., DALEY, LARROW and BILLINGS, JJ., and SMITH, J. (Ret.), Specially Assigned.


BILLINGS, Justice.

Plaintiff-appellant and defendant-appellees entered negotiations concerning the sale of 156 acres in Colchester, Vermont. In January, 1976, the parties executed a document entitled, "Preliminary Option Agreement". In the document, the parties were referred to as "option" and "optionee", although the agreement reversed the parties' respective positions. It provided that the parties "agree to enter an agreement for an option" and that "more specific...

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