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Home / Opinion Digests / Real Estate – Sales Contract – Default Judgment – Consequential Damages (access required)

Real Estate – Sales Contract – Default Judgment – Consequential Damages (access required)

A professional real estate investor who obtained a default judgment against defendants, who failed to close on a parcel in Manassas with a sales price of $395,000, is entitled to $4,624 in damages for his continued expenses in maintaining the property, and $6,000 in consequential damages for a business opportunity he lost when this deal ...