Maxton Builders, Inc. v. Lo Galbo,
502 N.E.2d 184 (1986)
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
P contracted to sell a house to D. D accepted and gave P a down payment. D canceled the contract and the check. P sued D for the down payment a right traditionally allowed under state law. The trial court denied P's motion for summary judgment. The Appellate division modified and granted judgment to P for the down payment. D appealed; he had a right to cancel, and judgment should be limited to actual damages. The down payment was $21,000. The cancellation period was three days, and the court held that D did not notify P of the cancellation within that time.
Issues
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Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
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