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eBook details

Title: Eben J. Blomquist v. Marc C. Bingham
Author : Supreme Court Of Utah
Release Date : January 20, 1982
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 58 KB

Description

HOWE, Justice: This is an appeal from a decree granting the plaintiff (buyer) specific performance of a land sale contract with the defendants (sellers). On August 2, 1979 the sellers and buyer entered into an Earnest Money Receipt And Offer To Purchase for the sale and purchase of land and water rights in Carbon County, Utah. The purchase price was to be paid in installments as follows: $10,000 on December 31, 1979; $24,900 on December 31, 1980; $24,900 on December 31 of each succeeding year until December 31, 1985, at which time the entire principal balance was to be paid in full. Interest accrued on the unpaid balance at the rate of 10% per annum.

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