Giannini v. First National Bank of Des Plaines

PRESIDING JUSTICE JIGANTI

delivered the opinion of the court:

John Giannini, d/b/a J. G. Sewer Contractors (Giannini), executed an agreement to purchase a condominium unit in the Castilian Courts Condominium Complex to be constructed in Glenview and paid $62,330 in earnest money on the property. Although the building in which his unit was located was subsequently constructed, it was never formally declared a condominium and as a result the terms of the agreement were never fulfilled.

Giannini filed a two-count complaint against First National Bank of Des Plaines (Des Plaines Bank), the record…