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MID-STATE FEDERAL SAV. BANK v. MARKETING AND MGMT. ASSOCIATES, INC.

Nos. 89-1821, 89-2253.

570 So.2d 1016 (1990)

MID-STATE FEDERAL SAVINGS BANK, Etc., Appellant, v. MARKETING AND MANAGEMENT ASSOCIATES, INC., Appellee.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied December 12, 1990.

Attorney(s) appearing for the Case

Andrew G. Pattillo, Jr., John R. Dorough and Kelly G. Hamer of Pattillo & McKeever, P.A., Ocala, for appellant.

Harry A. Payton of Payton and Rachlin, P.A., Miami, and Young J. Simmons and Daniel A. Amat of Green and Simmons, P.A., Ocala, for appellee.

COBB, Judge.

The issue on appeal is whether or not an enforceable contract existed between Mid-State Federal Savings and Loan Association, as seller and lender, and a partnership, MMA, as buyer. MMA subsequently assigned its interest to Marketing and Management Associates, Inc., the corporate plaintiff below.

Mid-State owned a residential subdivision known as Ethan's Glen, which it had acquired through a foreclosure...

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