Skip to main content
DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Lee v. Bass, 215 S.W.3d 283 (2007)

Citation
Lee v. Bass, 215 S.W.3d 283 (2007)
Parent Document
Lee v. Bass, 215 S.W.3d 283 (2007)
Jurisdiction
Missouri (state)
Effective Date
2007-02-20

Other Sections in This Document (73)

Full Text

427 chars
cent and having a balance of approximately $71,500. The evidence shows that the Basses planned to sell the house to Rex Lee subject to the mortgage for a down-payment of $18,000, which represented their equity. Fred Bass’s monthly mortgage payments, including escrow for taxes and insurance, were at that time $691.48. Rex Lee had sufficient cash that he could pay the Basses for Fred’s equity and assume the mortgage payments.