Zaino v. North Woodward Construction Co.

The facts in this case are undisputed.. So, in our view, is the applicable law.

Mr. and Mrs. Zaino signed a land contract with defendant North Woodward Construction Company on August 30, 1955, to purchase a certain lot #166 in the North Haven subdivision of Oak Park, Michigan. They paid $300 down and contracted to pay the balance of $600 in 8 months, at 6 % interest. The contract also provided a penalty of 7% interest on any default.

Thereafter, before the $600 payment was due or paid, North Woodward Construction Company conveyed lot 166 to Richard S. Rocklin, president of North Woodward…