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Grant v. Kahn
Maryland Court of Special Appeals
198 Md. App. 421, 18 A.3d 91 (2011)
On May 29, 2007, Kareem Grant (defendant) contracted to buy a house from Jeffrey Ganz, contingent on Grant obtaining a loan to finance the purchase. On July 20, 2007, the Kahns (plaintiffs) obtained a money judgment against Ganz. On July 31, 2007, Grant and Ganz closed on the sale of the house. Subsequently, the Kahns filed a petition for a writ of execution on the house. Grant filed a motion to release the house from the lien, arguing the doctrine of equitable conversion applied. The circuit court ruled in favor of the Kahns, finding that the doctrine of equitable conversion was inapplicable due to the financing contingency. Grant appealed.
Rule of Law
Holding and Reasoning (Woodward, J.)
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