MEMORANDUM
GASCH, District Judge.
I. BACKGROUND
On March 9, 1986, plaintiff, Farid Srour, agreed to sell and defendant, F. Gordon Barnes, agreed to buy a parcel of real property located in the District of Columbia. The price agreed upon by the parties for the lot and for the single family dwelling which plaintiff Srour was to build upon it was $395,000. The parties memorialized their understanding by signing a standard form contract for the sale...
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