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REGAN, INC. v. VAL-RO, LTD.

No. 81-286.

396 So.2d 834 (1981)

REGAN, INC., a Florida Corporation, Appellant, v. VAL-RO, LTD., a Florida Limited Partnership, et al., Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied April 23, 1981.

Attorney(s) appearing for the Case

Edward C. Vining, Jr., Miami, for appellant.

Goodman, Dunbert & Hochman and Alan R. Hochman, Miami, for appellees.

Before BARKDULL, BASKIN and DANIEL S. PEARSON, JJ.

BASKIN, Judge.

Regan, Inc. has appealed a trial court order staying a foreclosure sale. Regan obtained a final judgment of foreclosure in the amount of $61,000 and contends the trial court abused its discretion when it granted appellee's emergency motion for a ninety-day stay of the sale.1 We agree and reverse.

The trial court, aware that Val-Ro had executed a contract to sell the subject property for $200,000, apparently sought...

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