Laporte v. Blum

Grandparents deeded farmland to their adult children (defendants) but separately granted their grandsons, the Laportes (plaintiffs), an option to buy the land for $400,000 plus a lease letting them continue sugaring operations, despite the adult children's objections; the option recited $10 in consideration that the drafting attorney testified was never actually exchanged in his entire career of closings. The grandparents' will confirmed their intent that the Laportes benefit from the option and continue the family sugaring operation, and the Laportes continued running it, relying on the option and lease, until the adult children sent a letter attempting to withdraw the option, arguing it lacked consideration since the $10 was never paid.