Puziss v. Geddes

Plaintiffs are vendors under a land sale contract. They appeal a judgment of strict foreclosure, 1 arguing that they are entitled instead to specific performance of the contract. On de novo review, we reverse. 2

In 1979, defendant Geddes bought a four-plex from plaintiffs for $65,000. She made a down payment of about $14,000. She sold the property to defendant Henreid in 1981, for $4,900, and assigned her rights and liabilities under the land sale contract to him. Thereafter, Henreid occupied the premises and dealt directly and exclusively with plaintiffs, but plaintiffs did not release Geddes…