Vei Catonsville, LLC v. Einbinder Properties, LLC

This appeal from a declaratory judgment presents the question of whether a commercial real estate appraisal was rendered in compliance with the dictates of the option agreement to purchase the subject property. VEI Catonsville, LLC (VEI) seeks our review of a declaration rendered by the Circuit Court for Baltimore County that an appraisal of the property at issue complied with the dictates of the “Agreement Regarding Right of First Refusal and Option to Purchase.” VEI maintains that the chancellor erred by declaring that an appraisal of the property at issue did not adhere to the requirements…