John R. W. Sterling v. Leroy J. Blackwelder
This text of 414 F.2d 1362 (John R. W. Sterling v. Leroy J. Blackwelder) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
John R. W. Sterling appeals from an order of the district court directing the return of a $50,000.00 deposit which had been made by Wallace F. Holladay pursuant to his agreement to purchase a certain parcel of real property (known as the Moorefield Farms in Fairfax, Virginia) “ * * * free and clear of all encumbrances * * Upon examination of the title to said real estate it was discovered that the property involved was servient to nine recorded easements. 1
The district court held that these easements constituted encumbrances on the property, and consequently: the undertakings of the above-mentioned agreement could not be complied with in that the purchase could not be accomplished free and clear of all encumbrances; the prospective purchaser, Holladay, was entitled to rescind the agreement to purchase; and he was entitled to a refund of his deposit.
We affirm the holding of the district court for the reasons stated in its opinion. 2
Affirmed.
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414 F.2d 1362, 1969 U.S. App. LEXIS 11016, Counsel Stack Legal Research, https://law.counselstack.com/opinion/john-r-w-sterling-v-leroy-j-blackwelder-ca4-1969.