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MORRISON v. RAYEN INVESTMENTS, INC.

No. 12166.

624 P.2d 11 (1981)

William L. MORRISON, Ronald B. Dale and Edward F. Killian, Appellants, v. RAYEN INVESTMENTS, INC., a California Corporation, Respondent.

Supreme Court of Nevada.

February 25, 1981.

Attorney(s) appearing for the Case

Corn & Hardesty, Reno, for appellants.

Fitzgibbons & Beatty, Las Vegas, for respondent.

OPINION

GUNDERSON, Chief Justice:

On June 23, 1976 appellants executed a document which expressed appellants' desire to purchase land owned by respondent. The document recited "[t]hat this deposit is taken [by the seller's real estate agent] subject to the approval of the Seller and said agent is irrevocably granted -15- days from date to obtain acceptance of this offer." It further specified that the seller's agent might extend time limits for performance...

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