Hoard v. Vandecar

On March 31, 1924, plaintiff assigned her- equity in two houses and lots which she had purchased under land contracts to> the defendants Vandecar, and received therefor a contract to purchase a three-story brick veneer block and a two-family house in the rear thereof, all of the property being in the city of Grand Rapids. The contract price of the block and house was fixed at $20,000, on which $8,000 was credited for the assignments. She took possession at once. On May 10th, she served notice of rescission, tendered the contract she had received, and demanded a re-assignment of her contracts.…