DocketNumber: (2207)
Judges: Dannehy, Testo, Hull
Filed Date: 2/8/1984
Status: Precedential
Modified Date: 10/19/2024
This is an appeal from a judgment denying the defendant's motion to dissolve an ex parte prejudgment attachment of certain real estate.1 The underlying action involves a dispute as to the existence of a contract under which the defendant allegedly agreed to sell residential property to the plaintiffs. *Page 520
In considering an application for a prejudgment remedy, the trial court must determine whether there is probable cause to sustain the validity of the plaintiffs' claim. General Statutes
It is a basic principle of contract law that in order to form a binding contract there must be an offer and acceptance based on a mutual understanding by the parties. Bridgeport Pipe Engineering Co. v. DeMatteo Construction Co.,
In the present case, the plaintiffs' alteration of the real estate agreement by an addendum which extended the closing date and provided for an indemnification clause terminated their power of acceptance and functioned as a counteroffer. See 1 Restatement (Second), Contracts 38; 1 Williston, loc. cit. Thus, the defendant's subsequent revocation of his offer which became effective when it was communicated to the plaintiffs resulted in no contract. See L. E. Wetheimer, Inc. v. Wehle-Hartford Co.,
There is error, the judgment is set aside and the case is remanded with direction to grant the motion to dissolve the attachment.
In this opinion the other judges concurred.
McCahill v. Town & Country Associates, Ltd. ( 1981 )
L. & E. Wertheimer, Inc. v. Wehle-Hartford Co. ( 1939 )
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