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Specific Performance--Damages--Action At Law By Vendor Of Land For The Full Purchase Price
Specific Performance--Damages--Action At Law By Vendor Of Land For The Full Purchase Price
Michigan Law Review
In an action at law by a vendor of land for breach of contract by the purchaser, the title not having passed, the traditional measure of damages is the difference between the contract price and the value of the land at the time the vendor's conveyance was due. But where a conveyance is not yet due from the vendor a majority of jurisdictions allow recovery of all but the last installment of the purchase money, on the ground that in that case the promise to pay is independent of the vendor's promise to convey. Even where a conveyance is due …
Contracts-Assignment-Partial Assignment And Effect Of An Agreement To Refrain From Assigning
Contracts-Assignment-Partial Assignment And Effect Of An Agreement To Refrain From Assigning
Michigan Law Review
The agreement between the defendant, a building contractor, and a sub-contractor provided that the latter would not "sublet any portion of the work of his contract or hypothecate, pledge, or assign any payments thereunder except by and in accordance with the consent of [the] contractor." Nevertheless, after substantial performance, the subcontractor made an assignment to plaintiff of a part of his claim. Responding to a letter from the assignee requesting an acknowledgment thereof and giving notice of the assignment, defendant acknowledged receipt of the letter, and informed plaintiff that the amount of the indebtedness had not yet been settled, nor …