Ideal Family & Youth Ranch v. Whetstine

COYTE, Judge.

Defendant appeals from a judgment forfeiting his interest in a thirty-five acre tract of land and determining that he has no interest therein. We reverse.

On February 14, 1980, defendant entered into a contract to purchase thirty-five acres from Elizabeth W. Morgan, who owned a ranch located in Boulder and Larimer counties. There was no downpayment, first payment was to be $2400 payable on March 1, 1981, and payments were to continue in that amount on the 1st of March each year thereafter until 1995 when the entire unpaid balance would be due and payable. The contract further…