Jameson v. Foster

KIRSHBAUM, Judge.

Plaintiffs, Jack and Berta Jameson, appeal the trial court’s judgment denying their claim that certain proceeds paid to defendants, Delbert and Betty Foster, under an insurance policy should be credited against the purchase price of real property. Defendants cross-appeal the trial court’s judgment granting plaintiffs specific performance. We affirm in part and reverse in part.

The record reveals the following facts. In 1978 plaintiffs leased certain real property from defendants for one year, beginning January 1, 1979. The written lease agreement contained a provision granting…