Clarkcraft, Inc. v. Dunaway

McMurray, Presiding Judge.

This case involves a contract for the purchase and sale of real property. Under the contract, Clarkcraft, Inc. (“Clarkcraft”) agreed to purchase a tract of land divided into eight residential lots from Mt. Paran Development, Inc., d/b/a Mt. Paran Group (“Mt. Paran”). Pursuant to the contract, purchaser Clarkcraft paid earnest money of $25,000 to plaintiff Dunaway, as escrow agent. After the sale was not consummated, Clarkcraft unsuccessfully sought Mt. Paran’s acquiescence to the return of the earnest money from the escrow agent.

Plaintiff Dunaway filed a complaint…