Steuart v. McChesney
Supreme Court of Pennsylvania
444 A.2d 659 (1982)
Steuart (defendant) and her late husband entered into an agreement with Mr. and Ms. McChesney (plaintiffs) granting the McChesneys a right of first refusal on a parcel of farmland. Under the agreement, the McChesneys would have the right to purchase the property if the Steuarts ever found another purchaser for the property. The sale price was set at the market value according to county and state tax assessment rolls. The property had been appraised at a value of $50,000. When the Steuarts received offers of $30,000 and $35,000, the McChesneys offered a price of $7,820, which was twice the value listed on the county tax rolls. The Steuarts refused to sell for that price, and the McChesneys brought suit to compel performance. The trial court held that double the assessed value was "a mutual protective minimum price" and determined that the McChesneys had the right to buy the property for $35,000. The Superior Court reversed. The Steuarts appealed.
Rule of Law
Holding and Reasoning (Flaherty, J.)
Dissent (Roberts, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 166,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 13,800 briefs, keyed to 187 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.