Rollingwood Trust No. 10 and Thom W. Farrell, Trustee v. Robert E. Schuhmann, Ernestine Schuhmann Rainey and Ellen Schuhmann Norwood

CourtCourt of Appeals of Texas
DecidedDecember 17, 1998
Docket03-98-00113-CV
StatusPublished

This text of Rollingwood Trust No. 10 and Thom W. Farrell, Trustee v. Robert E. Schuhmann, Ernestine Schuhmann Rainey and Ellen Schuhmann Norwood (Rollingwood Trust No. 10 and Thom W. Farrell, Trustee v. Robert E. Schuhmann, Ernestine Schuhmann Rainey and Ellen Schuhmann Norwood) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Rollingwood Trust No. 10 and Thom W. Farrell, Trustee v. Robert E. Schuhmann, Ernestine Schuhmann Rainey and Ellen Schuhmann Norwood, (Tex. Ct. App. 1998).

Opinion

TEXAS COURT OF APPEALS, THIRD DISTRICT, AT AUSTIN




NO. 03-98-00113-CV

Rollingwood Trust No. 10 and Thom Farrell, Trustee, Appellants


v.



Robert E. Schuhmann, Ernestine Schuhmann Rainey and

Ellen Schuhmann Norwood, Appellees



FROM THE DISTRICT COURT OF TRAVIS COUNTY, 353RD JUDICIAL DISTRICT

NO. 96-11209, HONORABLE PETER M. LOWRY, JUDGE PRESIDING

Rollingwood Trust No. 10 ("Rollingwood") and its trustee Thom Farrell appeal from a summary judgment against them in a suit brought by Robert Schuhmann, Ernestine Schuhmann Rainey, and Ellen Schuhmann Norwood (the "Schuhmanns"). We will reverse the summary judgment and remand the cause to the trial court.

THE CONTROVERSY

The Schuhmanns entered into a contract with James Ferguson ("Ferguson") giving him an election to purchase, within seventy-five days and for $298,000, the Schuhmanns' 130-acre tract of land in Travis County. The option contract provided that a "Farm and Ranch Earnest Money Contract," executed by the parties, would become effective if and when Ferguson notified the Schuhmanns that he elected to purchase the land.

Before expiration of the seventy-five days fixed in the option contract, the Schuhmanns and Ferguson agreed to extend the term of the option contract to July 1, 1994, and the "closing" date for consummation of any sale to August 1, 1994. Ferguson paid the Schuhmanns $1,000 for the extension.

Ferguson notified the Schuhmanns on July 1, 1994, that he elected to purchase the property, stating in the notice that he had assigned his rights in the earnest-money contract to Rollingwood. Pursuant to the earnest-money contract, Ferguson deposited $5,000 in earnest money with First American Title Company.

Before the August 1, 1994, "closing" date a dispute arose over the sufficiency of a survey required by the earnest-money contract. The Schuhmanns delivered the survey to Rollingwood on July 27, 1994. Rollingwood objected to the survey based upon items omitted from the survey that Rollingwood believed the contract required. The Schuhmanns obtained a revised survey and delivered it to Rollingwood on the "closing" date. Rollingwood again objected and the "closing" date passed without consummation of the sale and purchase.

The Schuhmanns demanded that the title company pay them the $5,000 earnest- money deposit. Rollingwood refused to consent to the payment, insisting that Rollingwood retained a right to purchase the Schuhmann tract when the Schuhmanns provided a survey that complied with what the earnest-money contract required. The Schuhmanns sued in the present cause for declaratory relief that Rollingwood had no contractual right to purchase the tract and that the Schuhmanns were entitled to the earnest money. The trial court sustained their motion for summary judgment to that effect.

DISCUSSION AND HOLDINGS

The Schuhmanns' motion for summary judgment was based on two grounds. The first ground was that Ferguson did not effectively extend the expiration date of the option contract; therefore, the option was not exercised in a timely manner and the earnest-money contract never became effective. See Casa El Sol-Acapulco v. Fontenot, 919 S.W.2d 709, 717 n.9 (Tex.App.--Houston [14th Dist.] 1996, no writ). The Schuhmanns' second ground was that Rollingwood failed to accept a survey that complied with the earnest-money contract. In its sole point of error, Rollingwood argues that genuine issues of material fact precluded summary judgment on either ground.

The district court did not specify the ground on which it based its summary judgment order. When a trial court does not specify the ground on which it granted summary judgment, the judgment will be affirmed on any meritorious theory, asserted in the motion and found in the record, that proves conclusively that the nonmovant cannot prevail. Carr v. Brasher, 776 S.W.2d 567, 569 (Tex. 1989). We review the record under familiar precepts: (1) a movant for summary judgment has the burden of showing there is no genuine issue of material fact and it is entitled to judgment as a matter of law; (2) in deciding whether there is a disputed issue of material fact precluding summary judgment, matters in the record that favor the nonmovant will be taken as true; and (3) every reasonable inference from the record must be indulged in favor of the nonmovant and any doubts resolved in its favor. Nixon v. Mr. Property Management Co., 690 S.W.2d 546, 548-49 (Tex. 1985).



Extension of the Option Expiration Date

Neither the option contract nor the underlying earnest-money contract prohibited assignment. In the absence of a provision to the contrary, an option to purchase real property may be assigned by the optionee. See Crim Truck & Tractor Co. v. Navistar Int'l Transp. Corp., 823 S.W.2d 591, 596 (Tex. 1992); Central Power & Light Co. v. Purvis, 67 S.W.2d 1086, 1088 (Tex. Civ. App.--San Antonio 1934, writ ref'd); Hallman v. Safeway Stores, Inc., 368 F.2d 400, 403 (5th Cir. 1966). The parties agree that Ferguson assigned his contract rights to Rollingwood before he executed the agreement extending the option expiration date to July 1, 1994. The parties disagree regarding whether Ferguson had authority to enter into the agreement.

The Schuhmanns argue that Ferguson's attempt to extend the option expiration date was a nullity because he had previously assigned to Rollingwood his rights under the option contract and the earnest-money contract. Therefore, the Schuhmanns contend, the original option expiration date of May 16 remained in effect. And because Rollingwood, Ferguson's assignee, failed to exercise the option by May 16, the Schuhmanns argue the option expired and the underlying earnest-money contract never became binding.

"[A]n option contract gives the optionee the right to elect to purchase the property at stated terms within a specified period of time, but with no obligation to do so." Lefevere v. Sears, 629 S.W.2d 768, 770 (Tex. Civ. App.--El Paso 1981, no writ). Ferguson assigned the option contract to Rollingwood on April 8, 1994. When Ferguson extended the term of the option contract on May 16, 1994, he was not acting on his own behalf because his rights in the option contract had been extinguished as a matter of law by the assignment. See Hallman, 368 F.2d at 403.

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Related

Norton v. Martin
703 S.W.2d 267 (Court of Appeals of Texas, 1986)
Pace Corporation v. Jackson
284 S.W.2d 340 (Texas Supreme Court, 1955)
Carr v. Brasher
776 S.W.2d 567 (Texas Supreme Court, 1989)
Nixon v. Mr. Property Management Co.
690 S.W.2d 546 (Texas Supreme Court, 1985)
Enochs v. Brown
872 S.W.2d 312 (Court of Appeals of Texas, 1994)
Orozco v. Sander
824 S.W.2d 555 (Texas Supreme Court, 1992)
Stanford v. Dairy Queen Products of Texas
623 S.W.2d 797 (Court of Appeals of Texas, 1981)
Lefevere v. Sears
629 S.W.2d 768 (Court of Appeals of Texas, 1981)
Casa El Sol-Acapulco, S.A. v. Fontenot
919 S.W.2d 709 (Court of Appeals of Texas, 1996)

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Rollingwood Trust No. 10 and Thom W. Farrell, Trustee v. Robert E. Schuhmann, Ernestine Schuhmann Rainey and Ellen Schuhmann Norwood, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rollingwood-trust-no-10-and-thom-w-farrell-trustee-texapp-1998.