Cohen

Spring Estate Co. v. Cohen

Good Law
1921 Cal. App. LEXIS 140·55 Cal. App. 695·204 P. 264
Court of Appeal of CaliforniaDecember 16, 1921Civ. No. 3946.California750 words

Opinion

Lead Opinion

Kerrigan, J.

This is an appeal from a judgment in favor of the plaintiff and cross-defendant and against the defendant and cross-complainant, by which the rights of the latter in three several agreements to purchase real property were declared to he forfeited, and quieting the plaintiff’s title thereto.

On July 1, 1912, plaintiff’s predecessor in interest sold to defendant and defendant agreed to buy three lots of land in a suburban subdivision named Thousand Oaks, situated in the county of Alameda, for $6,500, payable in installments. During the years 1912 and 1913 defendant paid on account of said purchase the sum of $1,170, this sum being the aggregate of several installments, many, if not practically all, of which, were paid after their due date and were accepted by the vendor. On July 1, 1914, the parties entered into a new arrangement, under the terms of which a separate contract was executed for each of said three lots, and the aforesaid sum of $1,170 paid on account of the contract of July, 1, 1912, was divided and applied about equally as a credit upon these several new contracts. Thereafter no further payments were made, and on August 26, 1919, the plaintiff in writing notified…

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