Kramer v. Kramer

PRICE, Judge:

Appellant and appellee, former husband and wife, entered into a support agreement on or about July 1, 1975. Under the terms of the agreement, appellee conveyed her one-half interest in the former marital domicile located in Montgomery County to appellant, in return for his promise to make the agreed upon payments under the support contract. The agreement further provided that if appellant defaulted in making the payments, he would execute a judgment note in the amount of $70,033.33, with interest, to be held in escrow as security for the future payments owing under the agreement.

A…