Case Name: Arnold EICHHORST and Anna Eichhorst, individually and as Trustee, Appellants, v. MANDALAY SHORES COOPERATIVE HOUSING ASSOCIATION, INC., Appellee
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 1985-10-11
Citations: 477 So. 2d 25
Docket Number: No. 84-1622
Parties: Arnold EICHHORST and Anna Eichhorst, individually and as Trustee, Appellants, v. MANDALAY SHORES COOPERATIVE HOUSING ASSOCIATION, INC., Appellee.
Judges: DANAHY and HALL, JJ., concur.
Reporter: Southern Reporter, Second Series
Volume: 477
Pages: 25–26

Head Matter:
Arnold EICHHORST and Anna Eichhorst, individually and as Trustee, Appellants, v. MANDALAY SHORES COOPERATIVE HOUSING ASSOCIATION, INC., Appellee.
No. 84-1622.
District Court of Appeal of Florida, Second District.
Oct. 11, 1985.
John E. Swisher of Dillinger & Swisher, P.A., St. Petersburg, for appellants.
William P. O’Malley, Clearwater, for ap-pellee.

Opinion:
OTT, Acting Chief Judge.
We reverse the trial court's order which granted specific performance in favor of appellee. Specific performance should be denied when no provision is made for an existing mortgage in a transaction of considerable size, such as the present case. See Farrell v. Phillips, 414 So.2d 1119 (Fla. 4th DCA 1982); Nichols v. MoAmCo Corp., 311 So.2d 750 (Fla. 2d DCA 1975). The real estate sales contract upon which specific performance was granted in the present case failed to provide for the method of financing and how the existing mortgage would be satisfied. This is evidenced by the trial court's provision for three financing plans in its final judgment. Accordingly, the trial court's order granting specific performance is reversed.
Because of our disposition of the case, we need not address appellants' remaining points on appeal.
REVERSED.
DANAHY and HALL, JJ., concur.