William Ly

The plaintiff developer brought a motion for summary judgment against the defendant purchasers for breach of an agreement of purchase and sale for a residential property.

The defendants failed to close the transaction after requesting multiple extensions and failing to secure financing.

The court found no genuine issue requiring a trial, rejecting the defendants' arguments regarding alleged misrepresentations and property valuation.

The plaintiff was awarded $381,971.72 in damages, representing the difference in resale price and carrying costs, plus $22,000 in costs.

The plaintiff developer brought a motion for default judgment after the defendant purchaser failed to close a real estate transaction for a residential property.

The defendant's pleadings were previously struck and he was noted in default.

The court found the plaintiff proved the breach of contract and its damages, which included the difference between the original purchase price and the resale price, plus carrying costs and interest, less the deposit.

The court granted default judgment in the amount of $267,736.27 plus costs on a partial indemnity basis.

The plaintiff developer brought a motion for summary judgment against the defendant purchaser for failing to close an agreement of purchase and sale for a new home.

The defendant argued he did not understand the agreement and suffered financial hardship.

The court found no genuine issue requiring a trial, as the defendant failed to close and the agreement was binding.

Summary judgment was granted to the plaintiff for $316,134.54, representing the difference in sale price, carrying costs, and interest, minus the forfeited deposit.