BINKS v. FAROOQ


178 A.D.2d 999 (1991)

Sidney W. Binks et al., Appellants, v. Syed A. Farooq et al., Respondents

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

December 26, 1991


Judgment reversed on the law and facts with costs, complaint reinstated and order granted, in accordance with the following Memorandum: In December 1981, the parties entered into a real estate contract whereby defendants agreed to purchase an apartment complex from plaintiffs. To finance their purchase, in part, defendants were required to secure a mortgage commitment on their residence by December 20. Defendants never applied for a mortgage commitment and, by letter dated...

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