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FAULKNER v. FARNSWORTH

No. 18142.

665 P.2d 1292 (1983)

Nick FAULKNER and Karyl Faulkner, his wife, Plaintiffs and Respondents, v. F. Carl FARNSWORTH and Ann H. Farnsworth, his wife; and Jon Lee Torgerson and Mavis Torgerson, his wife, Defendants and Appellants.

Supreme Court of Utah.

June 7, 1983.

Attorney(s) appearing for the Case

Robert F. Orton, T. Richard Davis, Salt Lake City, for defendants and appellants.

John H. McDonald, Salt Lake City, for plaintiffs and respondents.

STEWART, Justice:

In December 1975 the defendants entered into a contract to purchase certain real and personal properties located in Panguitch, Utah from H. Vance and Emily B. Pope. The properties consisted primarily of a motel, cafe, trailer park, and several residential dwellings which were sold for the price of $270,000.

In April 1978 the defendants entered into a uniform real estate contract to sell some of the properties to Thomas E. Thorpe, a straw...

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