SANDPIPER DEV. v. ROSEMARY BEACH LAND CO.

No. 1D04-5211.

907 So.2d 684 (2005)

SANDPIPER DEVELOPMENT AND CONSTRUCTION, INC., a Florida corporation, Appellant, v. ROSEMARY BEACH LAND COMPANY, Appellee.

District Court of Appeal of Florida, First District.

July 29, 2005.


Attorney(s) appearing for the Case

Mark D. Dreyer, Panama City, Attorney for Appellant.

Matthew J. Meyer, DLA Piper Rudnick Gray Cary U.S. LLP, Tampa, Attorney for Appellee.


THOMAS, J.

Appellant Sandpiper Development and Construction, Inc. ("Sandpiper"), appeals a final summary judgment enforcing a fixed price repurchase option of limited duration in a land sale contract. The trial court found that the option was not an unreasonable restraint on the alienation of property. We affirm.

Sandpiper entered into a contract to purchase certain real property for $95,000 from Appellee Rosemary Beach Land Company ("Rosemary Beach"). The...

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