LaFond v. Rumler
Michigan Court of Appeals
1Opinion of the CourtGriffin, P.J.
Defendant appeals as of right the trial court’s order declaring that an addendum to a land contract was void because it constituted an unenforceable restraint on the right of alienation. We affirm.
i
Defendant agreed to sell to plaintiff, by means of a land contract, a parcel of property for $60,000. During negotiations over the terms of the contract, a third party offered to purchase the property for $80,000. However, defendant had an immediate need for the $20,000 down payment offered by plaintiff. Consequently, defendant and plaintiff agreed that plaintiff would purchase the property for…
2Cases cited17 opinions
- Occidental Savings & Loan Ass'n v. Venco PartnershipNebraska Supreme Court · 1980
- Nichols v. Ann Arbor Federal Savings & Loan Ass'nMichigan Court of Appeals · 1977
- Moffit v. SederlundMichigan Court of Appeals · 1985
- Webb v. SmithMichigan Court of Appeals · 1994
- Sloman v. CutlerMichigan Supreme Court · 1932
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3Cited by8 opinions
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