Sokolosky v. Tulsa Orthopaedic - Supreme Court of the State of Oklahoma

Sokolosky v. Tulsa Orthopaedic

By Supreme Court of the State of Oklahoma

  • Release Date: 1977-03-15
  • Genre: Law

Description

1 This is a suit on a promissory note and to foreclose a real estate mortgage securing the note. Plaintiffs-Appellees, D.M. and Phyllis J. Sokolosky, sold the subject real estate to the Defendant-Appellant. The transaction was handled by the Appellees agents, John Sanford and John Hausam, d/b/a John Hausam Realtors, who were made parties to this action. Appellees sold the property to Appellant in March, 1973, for a purchase price of $212,500.00, payable $50,000.00 down and $20,000.00 cash on closing. The balance was secured by execution of a note and first mortgage by Appellant.

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