Quimbee logo
DMCA.com Protection Status
  • M
  • Mid-State Investment Corporation v. O'SteenMid-State Investment Corporation v. O'Steen
From our private database of 16,800+ case briefs...

Mid-State Investment Corporation v. O'Steen

Florida First District Court of Appeal
133 So. 2d 455 (1961)


Facts

The O’Steens (plaintiffs) obtained a loan from the Mid-State Investment Corporation (defendant) to purchase a home. As part of the loan transaction, the O’Steens assigned the deed to the property to Mid-State in exchange for a contract for deed conditioned upon the O’Steens’ monthly loan payments. The contract provided that, should the O’Steens fail to make any payments, Mid-State retained the option to terminate the contract. In such case, the O’Steens would forfeit all payments already made and Mid-State would have the right to take possession of the property. After the O’Steens failed to make timely payments, a Mid-State agent acted to repossess the home and its contents by entering through a window. Thereafter, Mid-State sold the property. The O’Steens brought suit against Mid-State seeking damages for trespass and conversion of their personal property. The trial court found in favor of the O’Steens on the issue of liability. The judge submitted the issue of damages to the jury, instructing that the measure of damages for trespass is the value of the O’Steens’ property interest at the time of Mid-State’s trespass. The jury awarded $2,750 to the O’Steens. Mid-State appealed.

Rule of Law

Issue

Holding and Reasoning (Carroll, C.J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 449,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 449,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 16,800 briefs, keyed to 224 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers


Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial