Graham v. Claypool

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• discussing a purchaser of real estate under a contract for deed “‘becomes the equitable owner of the realty’ and the seller is the ‘holder of the legal title.’”
• stating general rule that purchaser in a sale of real estate under an installment land contract, i.e., contract for deed, becomes the equitable owner of tire realty and the seller, although holder of legal title, retains a secured interest in the property to protect future payments
• purchaser of sale of real estate using a contract for deed becomes the equitable owner of the property and the seller, who holds legal title, retains a secured interest in the property to protect future payments
• “The seller of real estate under an executory contract for deed is not liable for torts occurring on the conveyed property unless the seller fails to inform the buyer of known dangerous situations that the buyer could not discover or the seller actively conceals.”

Source: CourtListener parenthetical corpus (CC0).