Load Zone Marketing & Management, LLC v. Clark

Opinion

ROTH, Judge:

{1 Load Zone Marketing and Management, LLC (Load Zone) sued C. Dennis Clark for specific performance of a real estate purchase contract (the REPC). The REPC implemented a common feature of standard real estate purchase contracts in Utah, providing each party the right to cancel in the event Clark was unable to obtain a mortgage loan before a specified date. Clark's lender did not approve his loan application before the deadline, and Clark canceled the agreement. Load Zone argues that even though Clark was unable to get a loan before the deadline, his cancellation was…