KARLL v. MINOT LIGHT INC.

No. 89-P-819.

30 Mass. App. Ct. 166 (1991)

567 N.E.2d 219

JEFFREY B. KARLL & another vs. MINOT LIGHT INCORPORATED.

Appeals Court of Massachusetts, Plymouth.

March 4, 1991.


Attorney(s) appearing for the Case

James C. Donnelly, Jr. (Joseph M. Hamilton with him) for the defendant.

David M. McCarthy for the plaintiffs.

Present: SMITH, KAPLAN, & GILLERMAN, JJ.


KAPLAN, J.

On September 22, 1986, the plaintiffs (buyer) and defendant (seller) entered into a purchase and sale contract for the "Minot Light Inn" in Scituate, which consisted of a restaurant and lounge. The contract was subject, among other things, to the transfer of applicable licenses to the new owner. The purchase price was stated thus: "$800,000 of which $25,000 has been paid as a deposit this day and $750...

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