Aron v. Rialto Realty Co.

This bill is filed by the vendees under a contract of sale of lands against the vendors and seeks to impress a lien on the lands in question for the down money and search fees on the ground that the contract provides for a conveyance clear of all encumbrances and that an examination of the title showed the premises subject to certain building restrictions which have not been removed. It is admitted by the defendants that these restrictions are an encumbrance on the land, and would warrant a rescission of the contract except for the fact that the condition of the contract providing for a…