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DENNIS ROURKE CORP. v. FERRERO CONSTR. CO.

No. 651, September Term, 1985.

64 Md. App. 694 (1985)

498 A.2d 689

DENNIS ROURKE CORPORATION v. FERRERO CONSTRUCTION COMPANY.

Court of Special Appeals of Maryland.

October 9, 1985.

Attorney(s) appearing for the Case

Thomas J. Walker, Jr., Rockville (Marilyn J. Brasier, Rockville, on brief), for appellant.

Robert C. Park, Jr., Silver Spring (Linowes and Blocher, Silver Spring, on brief), for appellee.

Argued before BLOOM, ROSALYN B. BELL and KARWACKI, JJ.

ROSALYN B. BELL, Judge.

We are asked to decide whether the rule against perpetuities applies to a right of first refusal granted by one corporation to another, when no termination date is provided. Our response is that it does not apply to this right of first refusal. We will explore that right.

Dennis Rourke Corporation, a Maryland Corporation, (appellant) purchased two lots from Ferrero Construction Company, a Maryland Corporation (appellee). The contract...

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