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TCC ENTERPRISES v. ESTATE OF ERNY

No. 2 CA-CIV 5535.

149 Ariz. 257 (1986)

717 P.2d 936

TCC ENTERPRISES, an Arizona partnership, Plaintiff/Appellant, v. ESTATE OF Geraldine M. ERNY, Deceased, and Lois Louise Osborn, its Personal Representative, Defendants/Appellees.

Court of Appeals of Arizona, Division 2, Department B.

March 5, 1986.

Attorney(s) appearing for the Case

Stompoly & Even, P.C. by L. Anthony Fines, Tucson, for plaintiff/appellant.

Kohn, Neff & Zirkle by Jeffrey M. Neff, Tucson, for defendants/appellees.

OPINION

LIVERMORE, Presiding Judge.

This appeal involves the interpretation of a written lease between Geraldine M. Erny, lessor, and TCC Enterprises, lessee. The lessee has attempted to exercise a purchase option that calls for payment of "current market value." At issue is the proper method for determining that value. The trial court accepted defendant Erny's valuation. Because interpretation of a contract is a question of law, we are not bound by that finding...

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