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GATZ v. FRANK M. LANGENFELD AND SONS CONST.

No. C7-84-1140.

356 N.W.2d 716 (1984)

Raymond GATZ and Patricia Gatz, Appellants, v. FRANK M. LANGENFELD AND SONS CONSTRUCTION, INC., et al., Respondents.

Court of Appeals of Minnesota.

October 23, 1984.

Attorney(s) appearing for the Case

Tim. D. Wermager, Hastings, for appellants.

James B. Storkamp, Hastings, for respondents.

Considered and decided by FOLEY, P.J., and RANDALL and CRIPPEN, JJ., with oral argument waived.

OPINION

FOLEY, Judge.

Vendees appeal a summary judgment holding that statutory cancellation of a contract for deed terminated their right to bring an action for rescission. We affirm.

FACTS

In July 1981, Raymond and Patricia Gatz (vendees) signed a contract for deed to buy land from Frank M. Langenfeld and Sons Construction Company (vendor) for $23,000. They intended to establish a horse breeding farm on the property.

Vendees allege...

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