Shives v. Young

The true measure of damages in a suit brought by the vendor against the purchaser for the latter’s refusal to perform his part of an agreement to buy land is the difference between the contract price and the market value of the land at the time of the breach. Cowdery v. Greenlee, 126 Ga. 786 (3) (55 S. E. 918); Killarney Realty Co. v. Wimpey, 30 Ga. App. 390 (6) (118 S. E. 581); King v. Brice, 145 Ga. 65 (88 S. E. 960); Gilbert v. Cherry, 57 Ga. 128; Brooks v. Miller, 103 Ga. 712 (3) (30 S. E. 630). There was ample evidence to authorize the jury to find that on October 19, 1949, the plaintiff…