Daniel M. Bellucci v. John Moore and Ann Moore

The issues in this cause are whether the trial court erred in finding that Daniel Bellucci breached a contract for purchase and sale of real property in allowing the Moores to retain a $10,000 deposit, and in refusing to award prejudgment interest to the Moores. We find no error and affirm. In January of 1989, the parties entered into an agreement providing that the Moores would sell their oceanfront house to Bellucci for $310,000. The closing was to take place April 20, 1989. The contract contained the following provision: