Hensley v. Williams

MACY, Justice.

This case involves the interpretation of an executory contract for the purchase of land where the parties each contend that the other is in default. The trial court granted appellees’ motion for summary judgment upon a finding that appellants were in default for not making the required payments pursuant to the terms of the contract.

We affirm.

On September 29, 1979, appellees agreed to sell a ten-acre tract of land to appellants pursuant to a contract, the contentious parts of which are as follows:

“Terms of Payment The purchase price shall be paid by the Buyer, as follows:

“(a) The…