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414 F.2d 1362
John R. W. STERLING, Appellant,
v.
Leroy J. BLACKWELDER et al., Appellees.No. 12920.
United States Court of Appeals Fourth Circuit.
Argued May 8, 1969.
Decided August 22, 1969.
Richard M. Millman, Washington, D. C., for appellant.
Benjamin R. Jacobs, Washington, D. C. (Lawrence D. Huntsman, Washington, D. C., on brief), for appellee Wallace F. Holladay.
Before BOREMAN, WINTER and CRAVEN, Circuit Judges.
PER CURIAM:
1John 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
2The 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.
3We affirm the holding of the district court for the reasons stated in its opinion.2
4Affirmed.
Document Info
Docket Number: 12920_1
Citation Numbers: 414 F.2d 1362, 1969 U.S. App. LEXIS 11016
Judges: Boreman, Winter, Craven
Filed Date: 8/22/1969
Precedential Status: Precedential
Modified Date: 11/4/2024