Groskin v. Knight

Lewis, J.,

This case raises some interesting questions concerning the respective duties of a purchaser and seller of real estate in the interim between the date of the contract of sale and settlement, particularly when the latter has agreed to convey a good, clear and insurable title. The purchaser has sued to recover the hand-money paid at the execution of the agreement of purchase and sale, asserting that the sellers, at the time fixed for settlement, failed to carry out their contract to convey “clear of encumbrance with title good and insurable at regular rates by any leading title…