Collett v. Richardson, No. 2013AP40, 2013 Wisc. App. LEXIS 535 (Wisc. Ct. App. Jun. 25, 2013)

(appeal from summary judgment declaring option to purchase land invalid for lack of consideration and that statute of limitations barred claim; appellate court reversed and remanded holding contract contained several promises all bargained for with consideration as stated in contract, so option was valid; case remanded for factual determination regarding whether clause provided option in future and whether defendants’ sought to exercise option in reasonable time; court denied statute of limitations claim because did not begin to run until breach of contract occurred).

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