Summary
The Appellate Division, Second Department, affirmed an order granting summary judgment dismissing the plaintiffs' claims for specific performance and breach of contract concerning a real estate sale. The court held that the mortgage contingency clause was a condition precedent and that the plaintiffs failed to obtain a written mortgage commitment by the amended contract's deadline, permitting the seller to cancel the agreement.
Holdings
- The mortgage-contingency clause constituted a condition precedent to the contract of sale, and the seller established that the purchasers failed to obtain a written mortgage commitment by February 10, 2017, thereby supporting cancellation under the amended agreement.
- The plaintiffs failed to raise a triable issue of fact or offer credible evidence showing that the seller improperly exercised the option to cancel; therefore, summary judgment dismissing the complaint was proper.
- The plaintiffs' remaining contention was not reviewable because it was raised for the first time on appeal.
Questions Presented
- Whether the mortgage-contingency provision in the amended contract of sale created a condition precedent and authorized the seller to cancel when the purchasers failed to obtain a written mortgage commitment by the specified date.
- Whether the plaintiffs raised a triable issue of fact concerning the seller's alleged breach of the amended contract of sale.
- Whether the plaintiffs' remaining appellate contention was reviewable when it was raised for the first time on appeal.
Disposition
affirmed
Cases Cited (5)
- Greenfield v. Philles Records, 98 N.Y.2d 562, 569(followed)
- Chahalis v. Roberta Ebert Irrevocable Trust, 163 A.D.3d 623, 624(followed)
- Toobe v. Scarlato, 45 A.D.3d 759, 760(followed)
- Gulotta v. Ippolito, 296 A.D.2d 380(followed)
- Goldport Props. v. Taylor, 275 A.D.2d 761, 761-762(followed)
Cited In (0)
No citing cases on record yet.
Court Document
Open PDFLoading document…