MONK PROPERTIES, INC. v. ASHBY

No. 85-350.

489 So.2d 1151 (1986)

MONK PROPERTIES, INC., a Florida Corporation, and John Ashby, Appellants, v. Kenneth ASHBY, Appellee.

District Court of Appeal of Florida, Fourth District.

Rehearings Denied June 17, 1986.


Attorney(s) appearing for the Case

Byron G. Petersen and Lawrence S. Gordon of Greenberg, Traurig, Askew, Hoffman, Lipoff, Rosen & Quentel, P.A., Miami, and Larry A. Klein of Klein & Beranek, P.A., West Palm Beach, for appellants.

Joseph A. Hubert, Pompano Beach, and Harry G. Carratt of Morgan, Carratt and O'Connor, P.A., Fort Lauderdale, for appellee.


PER CURIAM.

AFFIRMED.

DELL and WALDEN, JJ., concur.

ANSTEAD, J., dissents with opinion.

ANSTEAD, Judge, dissenting:

I would reverse the final judgment which voided an option agreement between the parties. The trial court invalidated the agreement for lack of consideration despite finding that the parties to the option never intended that the recited consideration of $1,000.00 be paid by the grandson of modest means to the wealthy grandfather...

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