The plaintiffs, Minoru and Sayoko Yamada, sought summary judgment to declare the forfeiture of deposits paid by the defendant, Janina Joseph-Walker, under an Agreement of Purchase and Sale (APS) for their property.
The defendant repeatedly failed to close the transaction and to pay an additional deposit required to reinstate the APS after its initial termination.
The court found no genuine issue for trial, concluding that the APS was terminated due to the defendant's breaches and was never reinstated.
The court also determined that the forfeiture of the $53,000 deposit was proportionate and not unconscionable, considering the defendant's prolonged delays and her registration of a Certificate of Pending Litigation against the property.