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KRANTZ v. HOLT

No. 900181.

819 P.2d 352 (1991)

Randy KRANTZ, Plaintiff and Appellant, v. Kathy HOLT, Defendant and Appellee.

Supreme Court of Utah.

October 24, 1991.

Attorney(s) appearing for the Case

Ronald C. Barker and Mitchell R. Barker, Salt Lake City, for plaintiff and appellant.

Wendell E. Bennett, Salt Lake City, for defendant and appellee.

DURHAM, Justice:

On August 1, 1986, Randy Krantz and Kathleen L. Holt entered into an earnest money sales agreement (the agreement) in which Krantz agreed to buy and Holt agreed to sell certain real property located in Davis County, Utah. Under the terms of the agreement, the selling price for the property was $27,000, of which $500 was to be paid as an earnest money deposit, with the remaining $26,500 balance due at closing. At the time of signing the agreement,...

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