Chapman v. Mutual Life Insurance Co. of New York

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating Crow-Spieker is contrary to the holding of a “great majority of courts that have addressed this issue” and “a preemptive right may not be defeated by a sale of the property burdened by the right as part of a larger tract”
• enjoining the lessor from selling the smaller parcel “except in response to a bona fide offer for [just the smaller parcel], and only after presenting the complete terms of the offer to the [lessees] and giving them adequate opportunity to exercise their preemptive right.”
• “[W]hen the condition precedent of the owner’s intention to sell is met the right of first refusal ‘ripens’ into an option . ...”
• \[W]hen the condition precedent of the owner's intention to sell is met the right of first refusal `ripens' into an option. . . .\
• preferential right not invoked by transaction involving 273 acres of which 22.6 was subject to preferential right
• “The great majority of courts that have addressed this issue have held a preemptive right may not be defeated by a sale of the property burdened by the right as part of a larger tract.”

Source: CourtListener parenthetical corpus (CC0).