Sec. 90. Agreement To Sell, Cash On Delivery Of Deed, Etc., A Mere Option And Not A Contract Of Sale
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 90. Agreement To Sell, Cash On Delivery Of Deed, Etc., A Mere Option And Not A Contract Of Sale
An agreement to sell realty "cash on delivery of deed, or one-half on time if terms can be agreed on," is a mere option and not a contract of sale. Wallace v. Figone, 107 Mo. App. 362, 81 S. W. 492; Ind & Ark. L. & M. Co. v. Pharr, 82 Ark. 573, 102 S. W. 686. See also Sec. 85.
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