Rohauer v. Little

QUINN, Chief Justice.

We granted certiorari to review the decision of the court of appeals in Little v. Rohauer, 707 P.2d 1015 (Colo.App.1985), which held that the defendants-petitioners, Frank G. and Suzanne M. Rohauer, were liable to the plaintiffs-respondents, Floyd D. and Joyce G. Little, in the amount of $20,000 as liquidated damages for the Ro-hauers’ breach of a real estate contract for the purchase of the Littles’ home. In rejecting the Rohauers’ claim that they were excused from their contractual obligation due to the Littles’ failure to furnish them with a title insurance commitment…