$250,000
Contract Law; Real Estate
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Case Details
Action for breach of a land purchase agreement for 595 acres, involving conditions precedent for rezoning and discovery of graves on the property.
Additional Notes
The court dismissed the assignee's complaint, granted the seller's counterclaim, and held the seller was entitled to forfeiture of the assignee's $250,000 deposit as liquidated damages, finding the assignee waived conditions and breached the agreement.
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