[DOWNLOAD] "Grace v. Martin" by Supreme Court of Kansas # eBook PDF Kindle ePub Free
eBook details
- Title: Grace v. Martin
- Author : Supreme Court of Kansas
- Release Date : January 07, 1957
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 52 KB
Description
The opinion of the court was delivered by The appeal in this case is from an order of the court decreeing
the specific performance of an option agreement for the purchase
of real estate. Briefly the facts are as follows: On the 12th of July, 1955,
appellant, Elizabeth Martin, entered into a real estate option
agreement with appellee, Don Grace. Because of its briefness the
essential portions are:
"Witnesseth, that in consideration of the sum of
$250.00, the receipt of which is hereby acknowledged
the said first party does agree to give and does give
the second party until the 15th day of October, 1955,
the option to purchase the following described
property located in Shawnee County, Kansas, to-wit:
`Lincoln Street, Lot 471 and 473 in King's
Addition to the City of Topeka, Kansas. Commonly
described as 1227 Lincoln Street, Topeka, Kansas.'
for the sum of Seven Thousand ($7,000.00). The first
party expressly agrees that she will convey free and
clear of any and all encumbrances the above described
property should option be exercised by the party of
the second part.
"Said first party further agrees that, if said
second party shall exercise the option hereby granted
and purchase said real property on or before the 15th
day of October, 1955, or at any time while this
option shall be kept in force by said second party
making the payments herein provided for, to give said
second party credit on the purchase price for all
payments which he has made under and by virtue of
this agreement for said option and to keep it in
force."