Lisenby v. Newton

Citations

• 120 Cal. 571
• 52 P. 813
• 1898 Cal. LEXIS 811

Syllabus

<p>Vendor and Vendee—Purchase Price—Liability of Assignee of Vendee.— The promise of the vendee to pay the agreed price in a contract for the purchase of real estate is not of itself a covenant accompanying the equitable interest of the purchaser into the hands of his assignee; nor will a provision in such contract, that its stipulations “are to apply to and bind the .... assigns of the respective parties,” render the assignee of the vendee personally liable to the vendor for the unpaid purchase price.</p>