Real Property
Breach of Contract
Refusal to Pay Counter Claim
Confidential
Settlement – $22,500Judge
Court
L.A. Superior Torrance
Attorneys
Plaintiff
Defendant
Facts
The plaintiff alleged that he sold his interest in real property in 1991 to the defendant for $60,000.
It was agreed that half would be paid at the time of purchase with the balance to be paid within two years.
The plaintiff claimed that the $30,000 balance was never paid.
Settlement Discussions
Prior to trial, the plaintiff submitted a demand of $30,000 plus attorney fees. The defendant offered $5,000.
Damages
The plaintiff sought recovery of the balance of the amount due to him, or alternatively, partition of the property.
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