Todd v. Berner

This is an appeal for the District Court of the Sixth Judicial District of the State of Montana, in and for the County of Sweet Grass, involving a rescission of a contract for the purchase of a ranch. We affirm.

*265In November of 1981, the respondents, Todds and defendants, Berners entered into an agreement, whereby the Berners agreed to purchase the Todds’ ranch for a total purchase price of $2,250,000, with a 29% down payment and the balance to be carried on the contract for deed by the sellers (Todds) at 11% on all but $300,000 thereof for a period of twenty years with a ten-year balloon.…