Vordenbaum v. Rubin

GUITTARD, Chief Justice.

In this suit for specific performance of a contract for sale of a residence, the trial court, sitting without a jury, rendered judgment for the buyers requiring the sellers to convey the property in accordance with the contract. The sellers appeal on the ground that approval of a note holder was required but was not obtained and also on the ground that another note which the contract obligated the buyers to sign would have been usurious. We hold that the sellers have no standing to raise the question of lack of approval by the note holder or to avoid the contract…