The plaintiffs (purchasers) brought a motion for summary judgment for the return of their $60,000 deposit after an abortive real estate transaction, and for the dismissal of the defendant vendor's counterclaim for breach of contract.
The agreement of purchase and sale was conditional on financing and review of a status certificate.
The conditions were not waived in writing by the deadline, rendering the agreement null and void.
The vendor argued the purchasers waived the conditions by their conduct.
The court granted summary judgment, finding no genuine issue requiring a trial, as the conditions were not waived and the purchasers made no misrepresentations.
The deposit was ordered returned and the counterclaim dismissed.