Majority
In an action, inter alia, for a judgment declaring that the defendants are in default on a contract of sale of real property, Audrey James and Laura Mosley appeal from a judgment of the Supreme Court, Kings County (Dowd, J.), dated November 18, 1992, which, after a
Ordered that the judgment is affirmed, without costs or disbursements.
Contrary to the appellants’ claim, there was ample evidence that their bad faith resulting in their loss of a mortgage commitment warranted the forfeiture of their downpayment on the contract of sale (see, Falk v Goodman, 7 NY2d 87 , 90; BTS, Inc. v Webny Corp., 157 AD2d 638 , 639; Silva v Celella, 153 AD2d 847 , 848). The plaintiffs, by letter dated May 28, 1991, specified that time was of the essence and directed a June 10, 1991, closing date. That notice was reasonable (see, Mohen v Mooney, 162 AD2d 664 , 665; Sohayegh v Oberlander, 155 AD2d 436 ; Zev v Merman, 134 AD2d 555 , 557, affd 73 NY2d 781 ). Bracken, J. P., Miller, Copertino and Hart, JJ., concur.
Cases cited
- Falk v. Goodman 7 NY2d 87 at 90 p. 736
- BTS, Inc. v. Webny Corp. 157 AD2d 638 at 639 p. 736
- Silva v. Celella 153 AD2d 847 at 848 p. 736
- Mohen v. Mooney 162 AD2d 664 at 665 p. 736
- Sohayegh v. Oberlander 155 AD2d 436 p. 736
- Zev v. Merman 134 AD2d 555 at 557 p. 736
- Zev v. Merman 73 NY2d 781 p. 736