402 So. 2d 590 | Fla. Dist. Ct. App. | 1981
Dissenting Opinion
dissenting:
Appellants, as buyers, and appellees, as sellers, entered into a contract for the sale and purchase of 30.1 acres of land for $85,-500 on terms of $24,795 down and the balance of $60,705, payable in eight equal annual installments of $7,588.12 each plus interest, to be secured by a purchase money mortgage. The contract contained the following special clause:
Seller agrees to release clause in the purchase money mortgage for the property to be released upon payment of $4,000 per acre on the 15.1 acres fronting on Highway 27, and $2,500 per acre on the east 15 acres.
Before this transaction was closed, a dispute arose. The sellers said they would not close unless the buyers agreed that the re
Lead Opinion
AFFIRMED.