Prahmcoll Properties v. Sanford

OPINION

RANDALL, Judge.

Sanford appeals from a judgment in favor of respondent vendor for the outstanding balance due on a contract for deed. The trial court held that appellant, as as-signee, assumed the obligations of Whitfield Corporation, the assignor and original vendee. Sanford contends the trial court drew erroneous conclusions of law from the facts. We disagree and affirm.

FACTS

On September 12, 1986, respondent Prahmcoll Properties (Prahmcoll) sold a 15 acre parcel in Scott County to Whitfield Corporation (Whitfield) by a contract for deed (CD). The property was located on the northern…