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FAIRCHILD v. BILBO

No. 2014-CA-00292-COA.

166 So.3d 601 (2015)

Marc L. FAIRCHILD and Donna D. Fairchild, Appellants, v. John BILBO and Gwen Bilbo, Appellees.

Court of Appeals of Mississippi.

June 23, 2015.

Attorney(s) appearing for the Case

Phillip Lloyd Londeree , Petal, attorney for appellants.

Charles Edward Greer V, Purvis , attorney for appellees.

Before IRVING, P.J., BARNES and FAIR, JJ.

¶ 1. John and Gwen Bilbo entered into a lease-purchase agreement (LPA) with Marc and Donna Fairchild for their property. The LPA gave the Bilbos the option to purchase the property on or before July 1, 2017. The property was covered by two hazard insurance policies. After a tornado destroyed the property, the Bilbos...

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