Prime Venturers v. Onewest Bank Group, LLC

This case arises from a real estate transaction between Prime Venturers, appellant, and David and Cheryl Leupens (the “Leupens”), in which Prime Venturers agreed to convey approximately three acres of land, located at 6704 Ridge Road *125in Sykesville (the “Property”), to the Leupens, and the Leupens agreed to reconvey to Prime Venturers 1.68 acres when Prime Venturers obtained subdivision approval. The Leupens initially obtained a loan using only the parcel not affected by the Repurchase Agreement (the “Agreement”) with Prime Venturers, but they subsequently refinanced their loan, this time…