Ganot Corp. v. J.M.G. Construction Corp.

We affirm the lower court’s disposition of the claims raised on the main appeal and reverse the lower court’s finding that JMG was not entitled to prejudgment interest.

Ganot is a development corporation which owned land and had it platted for a single family residential development known as Vernon Heights. Five of the lots, numbered 37, 38, 109, 110 and 111, were sold to JMG and JMG built homes on these lots and sold them to third parties. GANOT and JMG agreed that JMG would pay GANOT a 7% commission on the final sale of each of the finished lots. JMG in fact paid the commission on the first…