On March 15, 1985, defendants gave plaintiffs a three-year written option to purchase real property in the Town of Queensbury, Warren County. The instrument provided that the purchase price would be $85,000 if the option was exercised in the first year of its term, $95,000 during the second year and $105,000 during the final year, "payable at time of closing and delivery of deed". Defendants were required to deliver to plaintiffs or their attorney...
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