SAS PARTNERSHIP, ETC. v. Schafer

This is a contract dispute on appeal from the Eleventh Judicial District in and for the County of Flathead. At the District Court the seller, SAS Partnership, sought to require the buyers, Fred and Gail Schafer, to pay an accelerated debt under a contract for deed. The District Court entered judgment against SAS. From that judgment SAS appeals. We reverse and remand.

On December 27, 1978, three parties entered into a real estate exchange agreement; SAS Partnership, the Schafers, and Paul M. Jackson. Mr. Jackson is not a party to this action. SAS sold 3,000 feet of undeveloped lakefront…