Question: REAL ESTATE LAW - BASIC CONTRACT LAW Hazel Miller listed her real estate for sale with a local real estate agent. Michael Normile and Wawie

REAL ESTATE LAW - BASIC CONTRACT LAW

Hazel Miller listed her real estate for sale with a local real estate agent. Michael Normile and Wawie Kurniawan signed a written offer to purchase the property. The offer stated that "this offer must be accepted on or before 5:00 pm on August 5, 1980." Miller signed and returned the offer with several changes, including an increase in the deposit from $100 to $500 and an increase in the down payment from $875 to $1,000. Normile and Kurniawan neither accepted nor rejected the new terms. At 12:30 am on August 5, Segal signed an offer to purchase the property, which was accepted the same day at 2:00 pm. The agent then informed Normile that Miller had revoked her counteroffer. Before 5:00 pm on the same day, Normille and Kurniawan accepted the counteroffer.

Question: Who owns the property and why?

(Normile v. Miller, 326 S.E.2d 11 [N.C. 1985])

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