Schapiro v. Jefferson

The question presented on this appeal is whether the vendor in a land instalment contract has any right to a deficiency decree after default by the vendees and a resale of the property under the Land Instalment Contracts Act. Code 1951, art. 21, secs. 118-124.

On May 11, 1951, Louis Schapiro contracted to sell to Renus Jefferson, Lillian Jefferson, his wife, and Annie Jefferson, his mother, a three-story house situated at 1018 South Sharp Street in Baltimore, subject to an annual ground rent of $96 to be created, for the sum of $6,500. The contract provides that $250 was paid at.the signing…