Legal Opinion

Lucas v. Bishop

Supreme Court of Oklahoma

Decided March 3, 1998No. 82265PublishedCited by 13 opinions

1Opinion of the Court

WATT, Justice.

FACTS AND PROCEDURAL BACKGROUND

¶ 1 On November 26, 1989 Jay Lucas agreed to sell a house in Bryan County, Oklahoma, to Bill Bishop and Vickie Lynn Bishop under the terms of a contract for deed. The Bishops made a $5,000.00 down payment and agreed to pay a balance of $25,000.00 in $249.97 per month installments with interest at 10% per annum. The contract for deed provided that the Bishops “shall be responsible for ad valorem taxes upon said property.” Paragraph 6 of the contract for deed states:... should [the Bishops] fail to make the payments described herein for a period of…

2Cases cited3 opinions

  1. Federal Deposit Insurance Corp. v. TidwellSupreme Court of Oklahoma · 1991
  2. Kerr-McGee Corp. v. Admiral Insurance Co.Supreme Court of Oklahoma · 1995
  3. Cj Restaurant v. Fms Management SystemsDistrict Court of Appeal of Florida · 1997

3Cited by13 opinions

  1. Osprey L.L.C v. Kelly-Moore Paint Co.Supreme Court of Oklahoma · 1999
  2. AMERICAN BIOMEDICAL GROUP, INC. v. TECHTROL, INC.Supreme Court of Oklahoma · 2016
  3. K & K Food Services, Inc. v. S & H, INC.Supreme Court of Oklahoma · 2000
  4. McGINNITY v. KIRKSupreme Court of Oklahoma · 2015
  5. Logan County Conservation District v. Pleasant Oaks Homeowners Ass'nSupreme Court of Oklahoma · 2016

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