Bommelyn v. Moss
New Jersey Court of Chancery
1Opinion of the Court
This is a suit for specific performance. In February, 1926, complainant, with her husband, now deceased, entered into a contract whereby she agreed to purchase certain vacant property for the sum of $1,800, payable $15 down and $15 each month, with interest on unpaid balances, payable semi-annually. The contract provided that in case the vendee should default in any payment for a period of thirty days, the agreement should be null and void and that all amounts paid on account should be deemed as rent and liquidated damages, and further, that any failure on the part of the vendor to insist…
2Cases cited2 opinions
- Doctorman v. SchroederSupreme Court of New Jersey · 1921
- Bullock v. Adams' ExecutorsNew Jersey Court of Chancery · 1869