Please ensure Javascript is enabled for purposes of website accessibility
Home / Courts / 4th Circuit / Real Property – Buyer-Only Arbitration Clause Unenforceable (access required)

Real Property – Buyer-Only Arbitration Clause Unenforceable (access required)

Noohi v. Toll Bros. Inc. A real estate contract clause that required the buyer – but not the seller – to submit to arbitration is unenforceable under Maryland law for lack of mutual consideration, and the 4th Circuit affirms judgment for plaintiff buyers who are seeking return of their deposit on a luxury home after they were unable to obtain mortgage financing from multiple lenders.

Leave a Reply

Your email address will not be published. Required fields are marked *

*