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TRAVELCO, INC. v. CHAIN LOCATIONS OF AM., INC.

170 A.D.2d 939 (1991)

Travelco, Inc., Appellant, v. Chain Locations of America, Inc., et al., Respondents, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, Third Department.

February 28, 1991

Harvey, J.

This action concerns the enforceability of an alleged oral option to purchase a parcel of real property. Defendant Chain Locations of America, Inc. (hereinafter CLOA) was the owner of 450 acres of land improved by a main house, a gate house and numerous barns and other outbuildings located in the Town of Pine Plains, Dutchess County. In August 1979, CLOA entered into an express written lease agreement...

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