Summarize the dispute in the case explain the court decision

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Reference no: EM133557389

Case Study: When she died, Mrs. Chaney left behind a house in Annapolis, Maryland. The representative of her estate listed the property for sale with a real estate broker, stating the property was approximately 15,650 square feet. Drs. Steele and Faust made an offer of $300,000 for the property, which was accepted by the estate. A contract for the sale of the property was signed by all the parties. When a subsequent survey (done before the deed was transferred) showed the property had an area of 22,047 square feet, the estate requested that the buyers pay more money for the property. When the estate refused to transfer the property to the buyers, they sued for specific performance.

Can the estate rescind the contract? Steele v. Goettee, 542 A.2d 847 (Md. 1988).

Questions:In a 2-3 page paper written in APA format,

  • summarize the dispute in the case
  • explain the Court's decision and the rationale for it
  • Identify what could have changed how the court ruled.

 

Reference no: EM133557389

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