Brook Haven, Inc. v. Silverman

HOOD, Associate Judge.

In December 1954 appellee contracted to buy a dwelling house to be erected by appellant and made a deposit of $200. Delivery of the house was to be made prior to December 1955 and the contract provided that appellee make settlement within ten days after notice “or the deposit will be forfeited.” The contract also provided that it was contingent “upon the approval of the Veterans Administration and the receipt of a satisfactory Certificate of Reasonable Value.” ■ In May 1955 before completion of the house, appellee notified appellant that he was moving to New York and…