Fox v. Aced

From a judgment in favor of plaintiffs for the sum of $2,950 after trial before the court without a jury, in an action to recover damages pursuant to the provisions of section 3306 of the Civil Code for an alleged breach of an agreement for the exchange of real property, defendants appeal.

*383On July 2, 1954, plaintiffs and defendants entered into an exchange agreement whereby plaintiffs, in exchange for certain industrial property, were to convey a certain house and lot to defendants and pay them $14,000 in cash. The industrial property was subject to a lease and purchase agreement between…