Sheek v. Lee

Ness, Chief Justice:

Appellants Lee (buyers) appeal an order of the master which awarded respondents Sheek (sellers) damages for the buyers’ failure to close a real estate transaction. We affirm in part and reverse in part.

The buyers contracted to purchase the sellers’ home and deposited $2,000 as earnest money. When the buyers failed to consummate the sale, the sellers retained the earnest money and brought suit for breach of contract. The master awarded the sellers damages of $7,189.53. The buyers directly appealed to this Court.

Buyers assert error in the master’s finding that the damages…