Court Opinion

ID: 9853286
Source: CourtListenerOpinion
Date Created: 2023-09-24 05:45:54.208521+00
Date Added: 2024-06-11T09:22:44.255016
License: Public Domain

Clarke, Justice,
dissenting.
In my view, the terms of the contract are clear and unambiguous, needing no clarification by extraneous evidence. The contract refers to “at such time” as the property is conveyed to a third party and provides for a fifty percent division of profits “if any” (emphasis added). I believe this language simply means that neither of the parties was to make a profit from the construction or ownership of the house and that if Tidwell ever made a profit by the sale to a third party, the profit would be equally shared by Tidwell and Carroll. Since no profit was realized when the deed was made, I would hold that Tidwell is entitled to summary judgment.