Mundy v. Hesson

215 Va. 386 (1974)

WILLIAM S. MUNDY, III, ET AL.

v.

LAWRENCE A. HESSON, ET AL.

Record No. 730947.

Supreme Court of Virginia.

December 2, 1974.

Lawrence Janow, for appellants.

Wm. Rosenberger, Jr. (J. B. Wyckoff; Richard E. Spies, on brief) for appellees.

Present, All the Justices.

On September 12, 1972, purchasers seasonably excercised option to purchase substantial real and personal property for $91,000. One week later seller demanded payment in cash and stated deal was off unless such payment was made. Seller never tendered deed as required by option agreement. Purchaser never tendered payment, but…