Reese v. Levin

168 So. 851, 124 Fla. 96
CourtSupreme Court of Florida
DecidedFebruary 20, 1936
StatusPublished
Cited by6 cases

This text of 168 So. 851 (Reese v. Levin) is published on Counsel Stack Legal Research, covering Supreme Court of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Reese v. Levin, 168 So. 851, 124 Fla. 96 (Fla. 1936).

Opinions

Per Curiam.

E. L. Reese and Beatrice White Reese, husband and wife, and J. Frederick E. Wood and Julia C. White, as Executors of the last will and testament of George H. White, deceased, parties of the first part, and Asher Levin, party of the second part, on July 10, 1925, entered into an agreement for the sale of real estate in the City of Pensacola, the pertinent parts of which agreement are:

“The parties of the first part agree to sell to the party of the second part, and the party of the second part agrees to purchase from the parties of the first part the following described real-estate, lying and being in the City of Pensacola, County of Escambia, State of Florida, to-wit: The North Ninety-seven (97) feet of the East One Hundred and Twenty-two (122) feet of Arpent Lot Forty-one (41) Old City of Pensacola, Florida; for the price of Twenty-five thousand ($25,000.00) Dollars, payable $2500.00 in cash to R. P. Reese, Attorney and Agent for the parties of *98 the first part, the receipt of which is hereby acknowledged by the parties of the first part, $22,500.00 in cash upon delivery of a good warranty deed conveying a good title to the above described property to the party of the second part or his assigns.
“The parties of the first part agree at their expense to furnish an abstract of title, and the purchase of the property by the party of the second part is conditioned upon the title being made good within a reasonable length of time.
“It is mutually agreed that the 1925 taxes shall be prorated as of date of actual transfer of the property on basis of rate and assessment for 1924.
“Failure by the party of the second part to complete the purchase within ninety days from the date of this agreement for any reason except defective title, shall cause him to forfeit the $2500.00 deposited and paid herewith. If the title is not good and not made good within a reasonable length of time, the $2500.00 is to be returned to the party of the second part upon surrender of abstract of title. * * *
“The interest of the parties of the first part being that of tenants in' common each of ah undivided half interest; the deed from Eugene L. Reese and Beatrice White Reese for their undivided half interest shall be a warranty deed; the deed from the executors, above named, for the undivided half interest which belonged to George H. White, shall be the usual executor’s deed.”

The contract not having been completed on May 13, 1925, Asher Levin brought his bill of complaint against E. L. Reese and Beatrice White Reese, his wife, J. Frederick E. Wood and Julia C. White, as executors of the last will and testament of George H. White, deceased, and R. P. Reese, praying that until the cause is determined, *99 R. P. Reese be enjoined from paying the $2500.00 over to defendants; and that defendants be enjoined from forfeiting the $2500.00; praying also for a declaratory decree determining (a) whether a reasonable time for making good the title to the land had elapsed; (b) whether entry of a decree in the suit to quiet title to the land in favor of the complainants would operate so as to make good the title to the land, so as to require this complainant upon the tender of a deed under the contract to accept the same and pay the remaining sum’ of $22,500.00; (c) whether complainant is not now entitled to have the $2500.00 payment made under the contract returned to him, and to stand discharged from said contract. There was also a prayer for general relief.

The bill of complaint alleged in substance that at the time the contract was signed, complainant paid $2,500.00 to R. P. Reese, who holds it as trustee, to be paid to the sellers or to complainant, whichever became entitled to it; that in December, 1925, and not before, defendants submitted an abstract of title to complainant’s attorney, who, after making an examination thereof, found that it did not show good title in defendants, a copy of the opinion being delivered, on December 16,' 1925, to R. P. Reese, attorney for defendants; that on January 28, 1926, R. F. Reese, as attorney for defendants, brought suit in the Circuit Court of Escambia County against divers defendants to quiet title to said property, the proceeding being brought, as complainant is informed and believes, under Florida statutes other than Chapter 11383, Acts of 1925, which suit is yet pending and undetermined; that a controversy has arisen between the parties to said contract, defendants contending that the contract, properly construed, binds the buyer to await the result of the suit to quiet title and take *100 conveyance of said property and make the remaining payment of $22,500.00 if and when a decree in the suit to quiet title is entered in favor of complainants; that complainant contends he is not bound to await the outcome of said suit or any litigation for the purpose of making good .said title because the decree will not become absolute for one year after entry thereof; that complainant has expressed to R. P. Reese, attorney for defendants, that a reasonable time for making good the title has elapsed, whereas R. P. Reese has expressed the opinion that the defendant would forfeit and retain the $2,500.00 if, upon entry of a decree in favor of complainants in the suit to quiet title, this complainant should fail to pay the balance of the $22,500.00; that complainant is not in default and has not breached the contract; that he is unable to determine whether, under the contract, a reasonable time has elapsed for the sellers to make good their title, and whether a decree in favor of complainants in the suit to quiet title will have the effect of making good title in them within the meaning of said contract; that upon entry of a decree in favor of complainants in the suit to quiet title the defendants will require R. F. Reese to pay to them the said $2500.00 although the suit as to unknown defendants will not become absolute until the expiration of one year; that upon information and belief, complainant avers that R. P. Reese will pay over to the defendants said sum, and complainant will act at his peril in treating such decree interlocutory as against unknown defendants, and will run the risk of forfeiting the said $2500.00.

Defendants filed a demurrer and also, without the court’s permission a supplemental demurrer to the bill of complaint. Both of them were overruled by the court; and *101 that ruling was affirmed by this Court in Reese v. Levin, 98 Fla. 397, 123 Sou. Rep. 809.

The case papers in the cause were lost and, by order of court entered on June 10, 1932, were re-established.

On July 29, 1932, complainant amended his bill of complaint by setting forth supplemental matter the substance of which is that at the time of making the contract, examination of the. abstract and delivery of a copy of the opinion thereon R. P. Reese on December 16, 1925, E. L. Reese claimed to own a one-half interest in said real estate and George H. White appeared from the abstract to claim ownership of the other half thereof; that it appears from said abstract that E. L.

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Bluebook (online)
168 So. 851, 124 Fla. 96, Counsel Stack Legal Research, https://law.counselstack.com/opinion/reese-v-levin-fla-1936.