OPINION
RICHMOND, Judge.
This is an appeal from a judgment forfeiting the buyer's interest under a contract for sale of real estate. We find that the action was commenced prematurely in contravention of A.R.S. § 33-741, and reverse.
The trial court found as a fact (and also stated as a conclusion of law) that "... any formal (sic) waivers of time limits ...." were revoked in June, 1974, by letters that gave appellant sufficient notice of presumption...
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