BUDD LAND COMPANY, LTD. v. K & R REALTY COMPANY

62348.

159 Ga. App. 448 (1981)

283 S.E.2d 665

BUDD LAND COMPANY, LTD. v. K & R REALTY COMPANY.

Court of Appeals of Georgia.

Decided September 8, 1981.


Attorney(s) appearing for the Case

J. Converse Bright, Miller P. Robinson, for appellant.

Wade H. Coleman, for appellee.


DEEN, Presiding Judge.

On October 10, 1978, Roger Budd Chevrolet, Inc., owner of an automobile dealership and sales business, executed an Asset Sale Agreement agreeing to sell the business to William Kehoe and Joseph Robert on certain conditions, including which was the formation of a corporation by purchasers to hold the assets, their obtention of a dealership agreement from Chevrolet and other manufacturers, the execution of a 10-year lease at a stated price from...

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