MAXTON BUILDERS, INC. V. LO GALBO
502 N.E.2d 184 (1986)
NATURE OF THE CASE: This was a dispute over a down payment when a sale of a house was
cancelled.
FACTS: P contracted to sell a house to D. D accepted and gave P a down payment. D
cancelled 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.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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