Ashford v. Reese

(dissenting) — -I cannot agree that, at the time of the fire, the purchaser had no interest in the property, nor that the loss should fall on the vendor. I concede that in the case of Schaefer v. Gregory Co., 112 Wash. 408, 192 Pac. 968, this court held that a purchaser under an executory contract of sale of real estate does not acquire any title, legal or equitable, nor any interest, legal or equitable, in the property covered by the contract. I cannot understand how it can be logically said that one who has paid any portion of the purchase price, either great or small, has no manner of…