Thursday, October 9, 2003
St. Joe Paper Corp. v. H. Bruce McIver
no. 02-2491
Walton County
McIver allegedly entered into an oral contract with St. Joe to negotiate
with the state for sale of nearly 700 Gulf-front acres the company owned in
Walton County, known as Topsail Hill. The parties were unable to reach agreement
on an acceptable price. Later, the state sued to condemn the Topsail property
and the parties eventually settled on a price. St. Joe contended it did not
owe McIver a realtor's fee because the property was sold during the course
of condemnation. McIver sued for his two percent fee, but the trial judge entered
summary judgment in favor of St. Joe. The First District Court partially reversed.