Johnson v. Gray

ERICKSTAD, Chief Justice.

The issue in this case is whether the trial court erred in granting a summary judgment of dismissal of the complaint of Frank E. Johnson and Carrie L. Johnson which alleged four bases for terminating a contract for deed wherein the Johnsons had agreed to sell their farm consisting of approximately 235 acres, excluding only a small plot on which their home is located, to Quentin E. Gray and Linda L. Gray at a price of $200 per acre.

The Grays were to pay the total purchase price of $47,000 as follows:

“1. $2,000.00 cash, payable on or before February 1, 1976.

“2.…