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THREATT v. ROGERS

Nos. A04A1523, A04A1524.

604 S.E.2d 269 (2004)

269 Ga. App. 402

THREATT et al. v. ROGERS. Rogers v. Butler.

Court of Appeals of Georgia.

September 1, 2004.

Attorney(s) appearing for the Case

Winburn, Lewis & Stolz, Irwin W. Stolz, Jr., Athens, George Butler II, Atlanta, for Threatt, et al.

Hawkins & Parnell, H. Lane Young II, Atlanta, Ernest T. Brown, for Butler.

Harkleroad & Hermance, Donald R. Harkleroad, Atlanta, Timothy J. McGaughey, Norcross, for Rogers.

ANDREWS, Presiding Judge.

Thomas A. Threatt and James W. Threatt, Jr. made the high bid on real and personal property auctioned by the property owner, Kenny Rogers, and entered into a sales contract with Rogers by which the Threatts agreed to purchase the property for $6,342,500 and to make a ten percent earnest money payment in the amount of $634,250. The sales contract further provided that, if the Threatts failed to consummate the sale, Rogers would retain the...

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