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VAN DER NOORD v. KATZ

No. 86-1140.

526 So.2d 940 (1988)

Harry VAN DER NOORD, et al., Appellants, v. Robert J. KATZ, Appellee.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied June 23, 1988.

Attorney(s) appearing for the Case

Bradly Roger Bettin and Charles Holcomb of Charles M. Holcomb, P.A., Cocoa, for appellants.

David H. Simmons and Daniel P. Rooney of Drage, DeBeaubien, Milbrath & Simmons, Orlando, for appellee.

COWART, Judge.

Appellants, as sellers, agreed to sell a mobile home park to appellee, as buyer. In the contract, sellers warranted that during a certain period of time prior to closing, the "normal operating expenses" of the park would not exceed 32% of gross income. Claiming that such expenses exceeded 32% of gross income, the buyer refused to close and sued sellers for damages for breach of contract and fraud. The sellers...

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