SOLTIS v. LILES


551 P.2d 1297 (1976)

Edward J. SOLTIS and Laura J. Soltis, Husband and Wife, Respondents, v. Rodney T. LILES and Shirley M. Liles, Husband and Wife, Appellants.

Supreme Court of Oregon, In Banc.

Decided July 15, 1976.


Attorney(s) appearing for the Case

James C. Wilson, Jr., Central Point, argued the cause for appellants. With him on the brief was Joel B. Reeder, Medford.

Patrick Ford, of Ford & Cowling, Medford, argued the cause for respondents.

Before O'CONNELL, C.J., and McALLISTER, DENECKE, HOLMAN, TONGUE, HOWELL and BRYSON, JJ.


HOWELL, Justice.

Plaintiffs brought this suit seeking strict foreclosure of a real estate installment sale contract. The trial court issued a decree granting strict foreclosure, and defendants appeal to this court.

Plaintiff husband,1 a licensed real estate broker, entered into an earnest money agreement with the defendants during the fall of 1971 for the sale of some property which he was about to purchase, or had recently purchased...

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