Williams v. Dunas

On September 20, 1967, plaintiff buyer and defendant seller entered into an agreement for the sale of a certain parcel of real estate located at 3533 South Calumet Avenue in Chicago, Illinois. The contract provided, in pertinent part, that the total purchase price of the subject property was to be *7,200; that this purchase price was payable in monthly installments of *100 at an annual interest rate of 6%; that when the balance of the purchase price was reduced to *3,600, seller was to deliver to buyer a warranty deed and Torrens Certificate; and that the buyer was to pay the taxes for 1968 and…