Greco, J.
This is an action by plaintiff Alan Altman ("Altman"), as seller, to retain a $15,800.00 deposit paid by defendants Embarik and Aliza Mesbahi (the "Mesbahis") toward the purchase of a condominium in Boston. Altman has appealed the entry of summary judgment in the Mesbahis' favor.
The parties' July 28, 1997 purchase and sale agreement contained a mortgage contingency clause which required the Mesbahis to apply for "a conventional bank
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