The plaintiffs brought a motion for summary judgment arising from a failed real estate transaction.
The defendants agreed to purchase the plaintiffs' property for $1.65M but failed to close, despite two extensions.
The defendants later offered to purchase the property for $1.485M with conditions, which the plaintiffs rejected.
The plaintiffs ultimately sold the property to a third party for $1.2M.
The court found that the defendants breached the agreement and that the plaintiffs had no duty to mitigate by accepting the defendants' lower offer.
The court granted summary judgment to the plaintiffs, awarding $458,070.13 in damages for the difference in sale price and carrying costs.
