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Maxton Builders, Inc. v. Lo Galbo

502 N.E.2d 184 (N.Y. 1986)

tl;dr: Defendant agreed to purchase a home with a cancellation option if real estate taxes were greater than a specified amount. The taxes were greater but Defendant attempted to cancel after the deadline contemplated by the contract.

IRACIssue, Rule, Analysis, Conclusion

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Facts & Holding

Facts:Defendant contracted to purchase a home from Plaintiff, but if...

Holding:Defendant's failure to ensure notification of the exercise of an...

Maxton Builders, Inc. v. Lo Galbo

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