BALATA DEV. CORP. v. REED

No. A01A0222.

548 S.E.2d 668 (2001)

249 Ga. App. 528

BALATA DEVELOPMENT CORPORATION v. REED.

Court of Appeals of Georgia.

May 8, 2001.


Attorney(s) appearing for the Case

Davidson & Fuller, Stephen P. Fuller, Duluth, for appellant.

Alfred L. Allgood, Gainesville, for appellee.


MIKELL, Judge.

Balata Development Corporation ("Balata") appeals the trial court's ruling that Balata is not entitled to a refund of the earnest money it paid pursuant to a contract it executed with Jerry Reed to purchase Reed's property. We reverse.

It is undisputed that the contract was prepared and printed by Balata. Section 2 of the contract, entitled "Earnest Money Deposit," provides: "Buyer shall, simultaneously with its execution hereof, deposit with...

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