Douglas v. Vourtsanis

Candler, Justice.

(After stating the foregoing facts.) Where one agrees to sell land to another for a stated amount, receives a part of the purchase-price, accepting a note for the balance, and executes and delivers a bond for title obligating himself to convey good and sufficient title therefor on the payment of the note, the relation created between the parties is similar to that of vendor and purchaser. Lytle v. Scottish American Mortgage Co., 122 Ga. 458 (50 S. E. 402); Gibson v. Alford, 161 Ga. 672 (132 S. E. 442); Richardson v. Johnson, 143 Ga. 213 (84 S. E. 543); Wheeler v. Layman…