There are actually a couple of recent legal incidents involving Mark Elliot Homes, so to provide the most helpful information, I need some more context. Could you tell me which specific lawsuit or legal issue you’re interested in learning about? Here are some possibilities:
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Foreclosure and Escrow Funds: In May 2023, a notice of mortgage foreclosure was filed against Mark Elliot Homes due to defaulted payments on a property loan. Additionally, there were questions about escrow funds held for unfinished aspects of new homes built by the company. The City of Cottage Grove stepped in to assist homeowners affected by the company’s closure and used the escrow funds to complete some exterior work on their homes.
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Mechanics Lien and Breach of Contract: In September 2023, a Minnesota Court of Appeals upheld a judgment against Mark Elliot Homes for approximately $100,000 relating to a breach-of-contract claim filed by a contractor. The case also validated the contractor’s mechanics lien on a property built by Mark Elliot Homes.
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Other Disputes: There may be other ongoing legal disputes or complaints filed against Mark Elliot Homes that haven’t received as much public attention.
