McNeal v. Tuori

Plaintiffs sued for breach of a real estate contract dated September 2, 1975, pursuant to which defendant’s decedent, Neil Tuori (hereinafter "defendant”), agreed to purchase a parcel of real property in Acme Township, Grand Traverse County, Michigan, at a price of $199,379.58, 1 but subsequently refused to perform. Plaintiffs retained possession of the land until March of 1976, when they resold it for $150,000. Damages of $65,230.20 were sought, including: (1) $49,379.58, representing the difference between the contract price and resale price; (2) $15,000, representing a real estate…