Nevada Supreme Court
Jack Galardi, an Individual; and Birdie, LLC, a Nevada Limited Liability Company, Appellants v. Naples Polaris…
May 16, 2013129 Nev. 306
Summary
The Nevada Supreme Court affirmed the district court’s summary‑judgment ruling for Naples Polaris, holding that the written option contract was unambiguous and required Galardi to satisfy the $1.3 million deed‑of‑trust debt rather than passing it to the buyer. The court relied on trade‑usage evidence to interpret the phrase “costs of transfer and closing” and rejected Galardi’s deposition testimony as barred by the parol‑evidence rule.