LAZER, N.V. v. HOLLO

No. 82-61.

432 So.2d 102 (1983)

LAZER, N.V., Appellant, v. Tibor HOLLO, Individually, and Tibor Hollo, Sheila Hollo and S. James Cohen, As the Last Board of Directors and Trustees of Atlantic Coast Investing Co., Appellees.

District Court of Appeal of Florida, Third District.

April 26, 1983.


Attorney(s) appearing for the Case

Bedford & Whitelock and Gerald Bedford, Miami, for appellant.

Cohen, Rogovin, Reed & Ivans, Miami, for appellees.

Before HENDRY, HUBBART and NESBITT, JJ.


NESBITT, Judge.

The final summary judgment in favor of the defendants to this contract action is affirmed upon a holding that in light of the undisputed facts and the terms of the parties' agreement the contingency to a payment of $250,000 to the plaintiff did not transpire.

The plaintiff, Lazer, N.V., sold the defendants a shopping center for $1,250,000. As is pertinent to this appeal, their purchase and sale agreement recited:

3. It is further understood...

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