Prue v. Royer, Sr., and Department of Liquor Control

¶ 1. The parties in this case entered into a real estate agreement nearly thirteen years ago, and this case requires us to determine its repercussions. The trial court concluded that the agreement constituted a contract for deed and that the purchasers had therefore acquired an equitable interest in the property in question. The court initiated a foreclosure on that interest, even though it had not been pled. Plaintiffs, the purchasers as found by the superior court — David and Barbara Prue, appeal from the foreclosure. Defendant, the seller as found by the court — Larry Royer, appeals from…