(DOWNLOAD) "Hugh Craig v. Era Mark Five Realtors" by Supreme Judicial Court of Massachusetts ~ eBook PDF Kindle ePub Free
eBook details
- Title: Hugh Craig v. Era Mark Five Realtors
- Author : Supreme Judicial Court of Massachusetts
- Release Date : January 09, 1987
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
The facts most favorable to the judgment reveal that on December 15, 1982, Hugh Craig agreed to purchase from Steve Raquet real estate in Indianapolis. The property consisted of a two story structure which had been converted into a multi-family dwelling. As part of the purchase price of $19,000, Craig agreed to assume and accept assignment of an installment land contract entered into by a vendor and Raquets predecessor in interest on January 4, 1980. The land contract provided for monthly payments of $175 at 10 % interest. The contract also contained a "balloon payment" clause providing that the balance be paid in full by January 4, 1985. A one year extension to the five year period was guaranteed to permit refinancing.