Policha v. Voss

Plaintiffs appeal from a decree dismissing their bill for specific performance of an oral contract for the sale and exchange of interests in land. Defendants Harry Yoss and wife were the owners of a house and lot at 371 Broadway, Muskegon Heights, Michigan. The property was incumbered with a first mortgage for $1,700 executed to a building and loan association on which defendants were obligated to pay $25 per month. On December 16, 1938, they listed it for sale with A. O. Plansen, a broker, and signed an agreement which stated that the sale price was to be “the sum of $2,800 on the following…