String v. Steven Development Corp.

Having convinced himself that his new home would not be completed on schedule, appellant (String) declared the contract providing for its purchase “null and void.” Subsequently, he brought this action against appellee (Steven) in the Circuit Court for Montgomery County, seeking the return of his deposit and the reimbursement of a loan commitment fee paid to a savings and loan association. At the conclusion of the trial, presided over by Judge Cahoon sitting without a jury, a judgment for costs was entered in favor of Steven. This appeal followed.

On April 15, 1971, String executed a contract…