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GRAND & ST. LOUIS ENTERPRISES v. POWELL

No. 58186.

807 S.W.2d 129 (1991)

GRAND & ST. LOUIS ENTERPRISES, Plaintiff-Respondent, v. Dan POWELL, Defendant-Appellant.

Missouri Court of Appeals, Eastern District, Division One.

Motion for Rehearing and/or Transfer Denied April 16, 1991.

Attorney(s) appearing for the Case

Alan J. Agathen, Clayton, for defendant-appellant.

Richard G. Hughes, St. Louis, for plaintiff-respondent.

Motion for Rehearing and/or Transfer to Supreme Court Denied April 16, 1991.

PUDLOWSKI, Presiding Judge.

In August 1988, Grand & St. Louis Enterprises (Grand) and Dan Powell (Powell) entered into a real estate contract for the sale of real property located at 3224 Locust for $375,000. Grand tendered $10,000 to Powell pursuant to the sales contract as an earnest money deposit. The standard form sales contract contained the printed financing contingency...

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