190 A.D. 762 | N.Y. App. Div. | 1920
By the contract of July 11, 1917, sued upon, the defendants were to purchase certain, real estate upon the terms stated" therein, the contract to be fulfilled at the convenience of the parties, but within ten days from that date. This contract, by its terms, superseded a prior agreement between the parties of July 3, 1917. The plaintiffs, in order to show the defendants’ breach of the contract, showed that they were ready, at the office of Jenkins, Deyo & Hitchcock, on the 10th day of July, 1917, to perform salid contract, and had left the necessary money and papers at said office with said attorneys
Ordinarily the measure of damages for a failure to convey real estate is the difference between the contract price and the value of the property. Here the premises were vacant and the purchaser was to give a mortgage of $13,000, with interest, as a part of the purchase price. The plaintiffs were allowed to prove as damages the interest on the mortgage, taxes paid and sums paid attorneys for abstracts and services and plaintiffs’ traveling expenses. The verdict was for $828.50; by deducting therefrom $237.50 on account of interest and the $30 expenses paid, by order of the court it was reduced to $561. An improper measure of damages was adopted, upon which the verdict as it now stands is based. The error in that respect also calls for a reversal.
These errors require a reversal of the judgment, and it is unnecessary to consider the remarks made in court and by the court with reference to the alleged forged letter.
The judgment and order should be reversed and a new trial granted, with costs to the appellants to abide the event.
All concur.
Judgment and order reversed on the law and facts and new trial granted, with costs to the appellants to abide the event. The court disapproves of the finding that the plaintiffs were ready, willing and offered to perform the contract and that the defendants refused performance on their part.