SILVA v. CELELLA


153 A.D.2d 847 (1989)

Sydney M. Silva et al., Appellants, v. Paul Celella et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Second Department.

September 11, 1989


Ordered that the order and judgment is affirmed, with costs.

On April 22, 1987, the defendants Paul and Mary Celella entered into a contract to sell certain real estate located in Suffern to the plaintiffs. The plaintiffs agreed to pay $285,000. for the property, of which $15,000 was placed in escrow as a down payment at the time the contract was signed. The contract contained a mortgage contingency clause which provided that the obligations of the plaintiffs would...

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