Pan American West, Ltd. v. Cardinal Commercial Development, LLC

The defendant, Pan American West, Ltd. (“the owner”), appeals from a final summary judgment in favor of the plaintiff, Cardinal Commercial Development, Inc. (“the buyer”). The buyer cross-appeals from a final summary judgment in favor of the owner and Pan American West Property Owners’ Association (“the POA”). We affirm the trial court’s decision as to both the owner’s appeal and the buyer’s cross-appeal.

The Owner’s Appeal

This appeal centers on a dispute over a $1,078,110 deposit (“the deposit”). The buyer entered into a pre-development agreement to purchase a 16.5 acre lot (“the Property”)…