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INDIAN RIVER COLONY CLUB, INC. v. BAGG

No. 98-921.

727 So.2d 1143 (1999)

INDIAN RIVER COLONY CLUB, INC., Appellant, v. John L. BAGG and Olga Bagg, husband and wife, Appellees.

District Court of Appeal of Florida, Fifth District.

March 19, 1999.

Attorney(s) appearing for the Case

Allan P. Whitehead of Mosely, Wallis & Whitehead, Melbourne, for Appellant.

T.M. Barlow of Barlow & Bohne, Melbourne, for Appellees.

PETERSON, J.

Indian River Colony Club, Inc. ("Indian River") appeals a final judgment declaring certain fixed price buy back provisions to be unlawful restraints against the alienation of property. We reverse.

Indian River was founded as a non-profit organization in 1986 for the purpose of providing benefits to persons who have served in the military as commissioned or chief warrant officers. Indian River attempts...

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