SAMSON v. SAPPHIRE CAPITAL, INC.

2009-06616.

74 A.D.3d 1172 (2010)

904 N.Y.S.2d 152

VICTOR SAMSON et al., Appellants, v. SAPPHIRE CAPITAL, INC., Respondent.

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

Decided June 22, 2010.


Ordered that the order is affirmed insofar as appealed from, with costs.

The plaintiffs, as purchasers, and the defendant, as seller, entered into a contract for the sale of real property. Upon executing the contract, the plaintiffs paid to the defendant a down payment in the sum of $40,000. The contract was contingent on the plaintiffs' ability to obtain a written mortgage commitment within 45 days of the date of the agreement, and required that the plaintiffs "promptly...

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