Brady v. Park
Utah Supreme Court
1Opinion of the Court
Introduction
¶1 This is the latest chapter in a contract dispute that began nearly twenty years ago. The parties' dispute stems from a seller-financed real estate transaction in 1996. On one side are Kang S. Park (the seller-financer), his trust (represented by Mr. Park as trustee), and the Bank of Utah (the custodian of Mr. Park's IRA account) (collectively, Park Defendants). On the other side are the Bradys (the buyers). The Bradys purchased the real estate in question with two promissory notes. One of the notes required the Bradys to make an installment payment each month, in the amount of…
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