DeVilliers v. Balcomb

OPINION

NOBLE, Justice.

Betty June DeVilliers brought a declaratory judgment action for a determination of her rights, as purchaser, under a real estate contract which had been terminated by the defendants, as sellers. She has appealed from a judgment in defendants’ favor.

In 1959, Mrs. DeVilliers and her husband bought the real estate in question by a written contract providing for annual payments of “$5,000 or more each” and accumulated interest commencing January 15, 1960. The contract further provided for its termination at seller’s option for failure to make any delinquent payment within…