Heights Realty, Ltd. v. Phillips
749 P.2d 77 (1988)
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
Heights (P) performed under an exclusive listing contract in finding Mrs. Gholson represented by Phillips (D), a buyer to purchase her property. Mrs. Gholson was eighty-four years old when she signed the contract that listed her property for one year in the amount of $250,000 with a cash down payment of $75,000. An offer was made to purchase the property for $255,000, and she did not accept. Mrs. Gholson was adjudicated incompetent, and following a bench trial she was found to have lacked the mental capacity to enter into the contract with P. P appealed; the presumption of competency was not overcome by clear and convincing evidence.
Issues
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Holding & Decision
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Legal Analysis
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