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McGUIRE v. DIXON

No. COA09-1536.

700 S.E.2d 71 (2010)

Raymond L. McGUIRE and wife, Roberta M. McGuire, Plaintiffs, v. David R. DIXON, and wife, Jean-Louise Dixon, Defendants.

Court of Appeals of North Carolina.

October 5, 2010.

Attorney(s) appearing for the Case

White & Allen, P.A., Kinston, by John P. Marshall , for plaintiff appellees.

Dixon & Dixon Law Offices, P.L.L.C., Avon, by David R. Dixon , for defendant appellants.

HUNTER, JR., ROBERT N., Judge.

I. BACKGROUND

On 15 July 2004, David and Jean-Louise Dixon (collectively "defendants") purchased a rental home property from Raymond and Roberta McGuire (collectively "plaintiffs") known as Top Notch Villa, located in Iron Shore, Montego Bay, Jamaica. The purchase price for the property was $440,000. Defendants made a $75,000 cash down payment, and gave two promissory notes to plaintiffs for the remaining aggregated balance...

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