Court: |
Texas Court of Appeals, 4th District |
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Facts: |
Plaintiff (Aldrette) contracted to buy some land, but failed to make payments.
Defendants (the De Leons) sold the land (at a lower price), but kept the
payments. |
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Posture: |
Trial court finds for plaintiff, granting return of the payments plus interest. |
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Issue: |
Does a defaulting purchaser have the right to recover partial payments? |
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Holding: |
The seller can keep damages (the difference between the actual sale price and
the original contract price), but the rest of the money goes back to
the purchaser. |
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Rule: |
No punitive damages, no unjust enrichment. |
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Reasoning: |
A purchaser who pays a substantial portion of the purchase price would be
in a worse position than one who payed nothing, if sellers could hold
on to partial payments. That would be unjust. |
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Dicta: |
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