Court Opinion

ID: 9524349
Source: CourtListenerOpinion
Date Created: 2023-08-07 02:52:00.188267+00
Date Added: 2024-06-11T13:09:42.097176
License: Public Domain

RATLIFF, Judge,
concurring.
The evidence in this case establishes that the Plummers had paid $3,543.85 principal on a contract price of $11,600.00, or 30.55% of the total price. I agree that this is a substantial and not a minimal amount under Skendzel v. Marshall, (1973) 261 Ind. 226, 301 N.E.2d 641, and its progeny. For*884feiture, therefore, was inappropriate and properly was disallowed.
However, the majority’s statement that had Plummers paid but $2,168.04, or 18.6% of the purchase price, as contended by the Oles, such was a substantial rather than a minimal payment is unnecessary dictum likely to add confusion to the law. The issue before us is whether 30.55% of the purchase price is a substantial payment depriving the sellers of the remedy of forfeiture. We have said it was. No further statement was necessary. Whether a payment of 18.6% of the purchase price is so substantial as to preclude forfeiture should await determination in a case presenting that specific question.