Loewenstein v. Armstrong

Citations

• 27 Pa. Super. 543
• 1904 Pa. Super. LEXIS 390

Syllabus

<p>Vendor and vendee — Sale—Forfeit money — Forfeiture—Affidavit of defense.</p> <p>Where an agreement for the sale of land provided for a deposit of a portion of the purchase money on the execution of the agreement and the payment of the balance on the day of settlement, and further provided that if the purchaser should “fail to comply with his part of the agreement within the time specified for settlement, which is thirty days, the money is to be forfeited,” the vendor cannot refuse to return the money because tender of the balance was not made until five days after the time of settlement, without showing that within the time specified he had tendered a deed with clear title to the purchaser.</p>