Midtown Realty, Inc. v. Hussain

How courts have described this case

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

• finding that a letter of intent to purchase a property was not an enforceable contract because it stated that “a more detailed and formal Purchase Agreement” would be presented
• stating when “the parties intend that there will be no binding contract until the negotiations are reduced to a formal writing, there is no contract until that time”
• finding no mutual assent where “the plaintiffs [] argue[d] that the Letter of Intent contained all of the essential terms and that they intended to be bound by it [when in fact their] position [was] directly contradicted by the [plaintiff’s] own writing.”
• “[W]here it appears that the parties are continuing to negotiate as to essential terms of an agreement, there can 20 ¶¶ 27–31.
• “[I]t is more than reasonable to conclude that the parties did not intend to be bound by a skeletal Letter of Intent . . . .”
• “The proposal in this case 'dealt with the sale of a gas station, a complex situation that includes environmental concerns, the attainment of licenses and government approval, and the financing of a large sum of money, among other things.”

Source: CourtListener parenthetical corpus (CC0).