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WOOD v. LAUGHLIN

103 A.D.2d 881 (1984)

Donald Wood, Appellant, v. James L. Laughlin, Respondent

Appellate Division of the Supreme Court of the State of New York, Second Department.

July 5, 1984

¶ On July 16, 1980, plaintiff and his then partner, Richard Terwilliger, entered into a written contract with defendant to purchase certain real property, including a restaurant known as the Woodside Inn, in the Town of Enfield, Tompkins County.* The purchase price set forth in the contract was $95,000, to be paid by a $1,000 deposit, the assumption of a $66,432.82 mortgage, a $20,000 cash payment at closing and a $7,568.18 note. The contract...

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