Yu v. Paperchase Partnership

OPINION

MONTGOMERY, Justice.

This is a “vendor and purchaser” case, involving the rights and liabilities, and other legal relations, between two of the parties interested in an installment land sale contract — the original vendor and a subvendee. The vendor is Paperchase Partnership (“Paperchase”); the subvendee is a married couple, Mr. and Mrs. Daniel T. Yu (“the Yus”). These parties, along with others interested in the contract, were before this Court on a previous occasion. In Paper-chase Partnership v. Bruckner, 102 N.M. 221, 693 P.2d 587 (1985), we held that a subsequent contract between…