The plaintiffs brought a motion for summary judgment arising from the defendants' failure to close on the purchase of a residential property for $1,900,000.
The defendants admitted the breach but argued the matter was not suitable for summary judgment and that the plaintiffs failed to mitigate their damages.
The court found no genuine issue requiring a trial, holding that the plaintiffs acted reasonably in reselling the property and in settling a downstream claim from the vendors of a second property the plaintiffs could not close on due to the defendants' breach.
Summary judgment was granted for $556,535.41, comprising the difference in sale price, carrying costs, the forfeited deposit on the second property, and the settlement amount paid to the second vendor.
A stay of enforcement pending the third-party action was denied.