43-26 REAL ESTATE SALE CONTRACTS
REAL ESTATE SALE CONTRACTS
Agreement to sell real property binds seller.
Agreement by seller of real property to give usual covenants--Delivery and form of
Substance of usual covenants under agreement to sell real property where standard form
of deed not delivered.
Agreement of joint tenants to sell real property--Joint tenancy interest not destroyed--Exception.
Rights and duties of parties as to risk of loss under contract.
Subject matter of contract for purchase and sale of realty not transferred--Destruction
without fault of purchaser--Taking by eminent domain--Contract unenforceable--Recovery
of purchase price.
Transfer of subject matter of contract for purchase and sale of realty--Destruction without
fault of vendor--Taking by eminent domain--Payment of purchase price.
Interpretation and construction of risk of loss provisions.
Prepayment privilege implied in real estate contract.