Chambers v. Scofield

OPINION

STOWERS, Justice.

I. INTRODUCTION

A buyer bought a triplex from a seller. Two years later, the seller's daughter (who had been appointed to serve as his guardian) entered into a settlement agreement with the buyer to rescind the sale and compensate the buyer for the "fair market cost" of the improvements he had made to the property. In ruling on a motion to enforce the agreement, the superior court rejected the buyer's argument that the term "fair market cost" included compensation over and above the cost of labor and materials. The superior court also denied the buyer's motion to be…