Preemption Right After Contract Rescission

The case involved a dispute arising from the rescission of a contract for the sale of real property, where the seller subsequently attempted to exercise a right of preemption related to the property, which the buyer challenged as a breach of good faith following the mutual termination of the agreement. The court rejected the appeal, reasoning that once the contract was mutually dissolved, the seller could no longer validly rely on a contractual right, such as preemption, that was predicated on the continuation and enforcement of the original sale agreement, affirming that the principle of good faith in contract execution prohibits asserting rights subsequent to the agreement's agreed-upon termination.