Scheinman v. Baker

Plaintiff, vendee under land contract for the purchase of premises in the city of Detroit, entered into a land contract, as vendor, for the sale of the same premises to defendant as vendee. The land contract with defendant contained the following acceleration clause:

“If proceedings are taken to enforce the contract in equity, after default by the purchaser, the entire amount owing hereon shall be due and payable forthwith.”

A payment fell due, was not made, and plaintiff gave written notice to defendant and others interested as vendees by assignments, of his election to declare the full amount…