Judges: Brown, Whitfield, Buford, Adams
Filed Date: 2/17/1942
Status: Precedential
Modified Date: 10/19/2024
This is an appeal from a final decree requiring appellant to convey real property in accordance with her written contract, duly acknowledged by her with her husband joining in the execution, for the sale of their homestead in Broward County, Florida. Appellee was the purchaser in the contract and he paid two hundred dollars in consideration of the agreement. A provision was made in the contract for the return of this deposit in the event the title was disapproved by the vendee's attorney and could not be perfected within a reasonable time. A further provision was made, as follows:
"In the event the second mortgage loan of Fifteen Hundred $1500.00 Dollars cannot be arranged by June 1, 1940 through R.T. Hodges, the deal shall be called off and the Two Hundred ($200.00) Dollars this day received by sellers, returned to purchaser and all parties relieved from all obligations under this agreement."
The purchase price agreed upon was $7500.00. A $5000.00 first mortgage was to be assumed by the appellee and the balance paid in cash, with the condition expressed above. The vendors refused to consummate the sale with conveyance and this suit was brought. Appellant's husband was killed and amendments were made in the pleadings to make her a party individually and as administratrix and to include the husband's heirs. Final hearing was had on the pleadings and proofs, the specific performance prayed in the bill granted, and this appeal was taken.
It is contended that the above quoted provision of the contract destroyed the mutuality of the contract which is a requisite for specific performance. The *Page 530
provision made the contract subject to a condition precedent. This condition had a timely fulfilment, for the undenied evidence is that the second mortgage loan had been procured, to appellant's knowledge, prior to June 1, 1940. This being true, and the appellees having previously offered and by his bill offering to fulfill his obligations under the contract by payment of the amount and the assumption of the mortgage as agreed, the contention made is without merit. See Thompson v. Shell Petroleum Corp.,
The validity of the contract is attacked because, it is asserted, the acknowledgment of appellant was not attached to the contract until some days subsequent to the execution of it. The presumption is in favor of the validity of a married woman's certificate of acknowledgement. Herald v. Hardin,
The decree appealed from will be affirmed.
*Page 531BROWN, C. J., WHITFIELD, BUFORD and ADAMS, JJ., concur.