McDonald v. Lemon-Mohler Insurance Agency, LLC

CARLTON, J.,

for the Court:

¶ 1. In January 2005, Danny Jalanovich entered into an agreement with Michael McDonald and Sharon Crutchfield (collectively, the McDonalds) 1 to complete construction of a home in Ocean Springs, Mississippi. The McDonalds agreed to satisfy the bank note on the property and to advance all funding necessary to finish the project. In exchange, Jalanovich conveyed the property to the McDonalds by warranty deed. The parties planned to sell the home for a profit, at which point the Mc-Donalds would receive their financial investment back with interest.

¶ 2. Before…