The plaintiffs sought specific performance of three Agreements of Purchase and Sale for neighboring homes, alleging the defendant wrongly repudiated the contracts.
The defendant brought a cross-motion for summary judgment, seeking dismissal of the action, discharge of a Certificate of Pending Litigation, and damages.
The court found that the plaintiffs were ready, willing, and able to close the transactions, and that the defendant acted in bad faith by prematurely terminating the agreements, refusing a reasonable extension, and attempting to rely on a "time is of the essence" clause despite its own conduct and a conflicting document registration agreement.
The court granted the plaintiffs' motion for summary judgment, ordering specific performance, and dismissed the defendant's cross-motion.