Lafayette Land Acquisitions II, LLC v. Steven L. Walls

Summary

The Supreme Court of Alabama held that the parties were obligated to close the real‑estate purchase because Lafayette Land never provided a written rejection within the due‑diligence period, and reversed the circuit court’s finding that the agreement had expired. The court interpreted the unambiguous language of Addendum #2 under a four‑corners rule and applied de novo review to the contract interpretation.