Plaza Court, L.P. v. Baker-Chaput

Plaza Court, L.P. [“Plaza”] appeals the trial court’s entry of an agreed amended final judgment in favor of Shane Baker-Chaput [“Baker”] and Christine O’Brien [“O’Brien”] in a case arising under the Federal Interstate Land Sales Full Disclosure Act [“ILSFDA”]. 1 Although our reasoning differs from that of the trial judge, we affirm.

On May 6, 2005, Baker entered into a purchase agreement with Plaza for the preconstruction purchase of a condominium unit for a purchase price of $447,900.00. The purchase agreement required a deposit of $22,395.00 upon execution of the agreement as well as a cash…