Defendants established their entitlement to judgment dismissing the complaint seeking damages and specific performance of an option to purchase defendant Soufer's bid on certain real property. The option expired pursuant to its terms when plaintiffs failed to pay Soufer a bank or certified check in the amount of $337,757.42 on or before October 4, 1996. None of plaintiffs' arguments overcome the well-established general principles governing option agreements, requiring strict...
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