Janinda v. Lanning

SMITH, Justice.

This is an action brought by respondents, (plaintiffs), as vendees, against appellants, (defendants) vendors, to rescind a contract for the purchase and sale of real property and to recover the amount paid thereunder.

Respondents in their complaint alleged that appellants fraudulently concealed material facts, which, had respondents had knowledge thereof they would not have entered into the contract; that such fraudulent concealment reacted to respondents’ injury, and effected reduction in value of the real property by rendering it undesirable and unsafe for rental purposes.…