Chapin v. Linden

TROUT, Justice.

Appellants Frank and Sydney Chapin (the Chapins) appeal from the district court’s order granting summary judgment to Respondents Robert and Patricia Linden (the Lindens) in a dispute over an alleged contract to convey property.

I

FACTUAL AND PROCEDURAL BACKGROUND

In 1994, the Lindens sold a 40-acre parcel of pasture and farmland (the Property) located in Bonner County to Financial Management Services, Inc. (FMS), an Idaho corporation wholly owned by the Chapins. FMS executed an installment note for the balance of the purchase price, $80,000, and the note was secured by a real…