BEARD v. S/E JOINT VENTURE

No. 171, September Term, 1989.

321 Md. 126 (1990)

581 A.2d 1275

DeLAWRENCE BEARD, ET AL. v. S/E JOINT VENTURE, ET AL.

Court of Appeals of Maryland.

Reconsideration Denied January 25, 1991.


RODOWSKY, Judge.

This case involves the measure of damages for the breach by vendors of a contract to construct a residence and then to convey the improved realty. The real estate market for the subject property was escalating during the potentially relevant period. Purchasers sought specific performance or damages. Specific performance became unavailable when the vendors rejected the contract in bankruptcy. We shall hold that the purchasers' damages are not limited...

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