WALDEN v. BACKUS

No. 4912.

408 P.2d 712 (1965)

John L. WALDEN and Cecil L. Walden, Appellants, v. Sam BACKUS and Virginia Backus, Respondents.

Supreme Court of Nevada.

Rehearing denied January 4, 1966.


Attorney(s) appearing for the Case

Fry and Fry, Reno, for Appellants.

Paul A. Richards and Chauncey G. Griswold, of Reno, for Respondents.


ZENOFF, District Judge.

On May 13, 1960, a conditional sales agreement was entered into between appellant, as seller, and respondent, as purchaser, of the Restwell Motel, in Reno. The total purchase price was $73,500, consisting of a $10,000 down payment, a note for $15,612.29, with sellers as payees, and the assumption by the buyers of two deeds of trust which were then outstanding.

Buyers took possession of the motel four days later and made one monthly...

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