MORGAN v. HEMPHILL

37216.

98 Ga. App. 732 (1958)

106 S.E.2d 865

MORGAN v. HEMPHILL.

Court of Appeals of Georgia.

Decided December 2, 1958.


Attorney(s) appearing for the Case

Lucio L. Russo, J. Walter LeCraw, for plaintiff in error.

David Gershon, Isadore Ruden, contra.


FELTON, Chief Judge.

A provision in a contract for the sale of realty which provides that, "The purchase price of said property shall be: Fifty-two thousand dollars ($52,000), to be paid as follows: Subject to terms of existing loan (which is approx. $30,000, and int. rate suitable to purchaser). All cash to be paid above loan," is too indefinite and uncertain to identify any particular loan and fails to disclose the terms of payment of the purchase price and the...

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