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Top NY Court Sets Damage Formula For Breached RE Deals

By Kaitlin Ugolik (March 22, 2013, 7:21 PM EDT) -- New York's highest court ruled Thursday that buyers who backed out of a real estate deal are liable for the difference between the house's fair market value at the time they reneged and its value when it later sold, remanding the case to the lower court to determine the property's actual worth....

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