Wall v. Foster Petroleum Corp.

Opinion by

Judge DUBOFSKY.

Plaintiff, John W. Wall, appeals the trial court’s failure to award pre-judgment interest and to include additional property loss as part of its judgment rescinding his contract with defendant, Foster Petroleum Corporation. Defendant cross-appeals the trial court’s judgment rescinding the contract. We affirm in part, reverse in part, and remand with directions.

In July 1979, plaintiff purchased a newly constructed single family residence from defendant for $149,500. The house was built for defendant in an area it was developing for sale. Immediately after the purchase,…