(DOWNLOAD) "American Mutual Liability Insurance Co. v. Industrial Accident Commission" by First Appellate District, Division Two District Court Of Appeal Of California * Book PDF Kindle ePub Free
eBook details
- Title: American Mutual Liability Insurance Co. v. Industrial Accident Commission
- Author : First Appellate District, Division Two District Court Of Appeal Of California
- Release Date : January 11, 1947
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 80 KB
Description
By the judgment herein, from which defendant appeals, he was directed to convey to plaintiff a house and lot upon payment of the balance of the agreed purchase price, under a written agreement in the form of a lease from month to month, with an option to purchase for $2,650, with interest on deferred payments at 6 per cent. The rental was $30 per month, plus taxes and assessments upon the property. It provided: "When the said Party of the Second Part shall have paid in the sum of and equal to $500.00, plus interest at the rate of 6% per cent annum, payable monthly on the agreed option price from the date hereof, and all taxes and installments of bonds or assessments that become due during the term of this tenancy, together with insurance premiums sufficient to insure the premises in a sum of not less than $2,000.00, then the said Party of the First Part will execute a deed to Helen M. Foley, said deed to be subject to: a first trust deed or a first and a second trust deed for the balance of the principal payable thirty dollars a month all due in three years." The agreement contained a provision that failure of plaintiff to pay the rent at the time it fell due or to keep and perform her obligations as stated would render the instrument "null and void" and entitle defendant to reenter the premises and remove all persons therefrom, without notice and without legal liability. There was also a provision that the agreement should become "null and void" and that plaintiffs "interest and right" thereunder would terminate if she assigned the agreement or sublet the premises without the written consent of defendant. Plaintiff was the sole witness