Valdes v. Munne Enterprises, Inc.

This is an appeal by plaintiff/buyers [Jorge Valdes and Cary Dorta] from an adverse final judgment in an action for the return of certain deposit monies paid on a contract to build and sell a house on which the plaintiffs declined to close. We affirm.

First, we conclude, contrary to the plaintiffs’ contention that the defendant/contractors [Munne Enterprises, Inc.] strictly complied with its obligations under the contract and was therefore entitled to retain the deposit monies as a forfeiture, as provided in the contract, when the plaintiffs declined to close, (a) A certificate of occupancy,…