Leche v. Stout

WILLIAMS, Justice:

This is an appeal from the judgment of the trial court decreeing specific performance of a contract for the sale of real estate.

Plaintiffs, Mr. and Mrs. Leche, as buyers, entered into a contract for the purchase of several hundred acres of land in Noble County from the defendants, Mr. and Mrs. Stout. The total purchase price was $102,000 and the defendants agreed to convey good and merchantable title free and clear of all claims, liens and encumbrances, with exceptions noted in the contract and not material here. For convenience we will refer to these parties as buyers and…