[Download] "Whiteley v. O'Dell" by Supreme Court of Kansas # Book PDF Kindle ePub Free
eBook details
- Title: Whiteley v. O'Dell
- Author : Supreme Court of Kansas
- Release Date : January 10, 1976
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 53 KB
Description
The opinion of the court was delivered by This is an action brought to recover damages for a breach of a real estate purchase contract. Plaintiffs appeal from the trial court's entry of judgment generally in favor of defendant contractor. On April 16, 1973, plaintiffs Roy L. and Evelyn L. Whiteley entered into a written contract with defendant Clinton E. O'Dell for the purchase of a house in Wichita, Kansas. Under the terms of the contract, O'Dell, doing business as the O'Dell Construction Company, agreed to construct and convey to plaintiffs a house similar to another built by O'Dell. The contract price was listed at $31,040, with $1,000 to be paid as earnest money and the balance due upon closing. It further specified that the buyers were to apply for a conventional loan in the amount of $27,950, at a maximum interest rate of 7 3/4%. In the event the buyer was unable to qualify for such a loan, his earnest money was to be refunded. The closing date was designated as September 1, 1973, or a reasonable time thereafter. On the back of the contract, and incorporated therein, were listed certain specifications to be followed by the contractor.