Shawn Cantrell and Jamie Cantrell v. Sanjay Singhania and Sapna Singhania

CourtCourt of Appeals of Texas
DecidedSeptember 18, 2025
Docket06-25-00037-CV
StatusPublished

This text of Shawn Cantrell and Jamie Cantrell v. Sanjay Singhania and Sapna Singhania (Shawn Cantrell and Jamie Cantrell v. Sanjay Singhania and Sapna Singhania) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Shawn Cantrell and Jamie Cantrell v. Sanjay Singhania and Sapna Singhania, (Tex. Ct. App. 2025).

Opinion

In the Court of Appeals Sixth Appellate District of Texas at Texarkana

No. 06-25-00037-CV

SHAWN CANTRELL AND JAMIE CANTRELL, Appellants

V.

SANJAY SINGHANIA AND SAPNA SINGHANIA, Appellees

On Appeal from the 431st District Court Denton County, Texas Trial Court No. 24-7094-431

Before Stevens, C.J., van Cleef and Rambin, JJ. Memorandum Opinion by Justice van Cleef MEMORANDUM OPINION

Sanjay and Sapna Singhania, who wished to purchase a home owned by Shawn and

Jamie Cantrell, executed a Family Residential Contract (Contract) and paid $35,000.00 in earnest

money. The Singhanias were unable to secure the financing necessary to purchase the Cantrells’

home and asked for the return of the earnest money pursuant to a Third-Party Financing

Addendum (Addendum) to the Contract. After the Cantrells refused to return the earnest money,

the Singhanias sued them for breach of contract. Both parties filed traditional motions for

summary judgment. The trial court resolved the cross-motions in the Singhanias’ favor, awarded

them $35,000.00 in damages with pre-judgment and post-judgment interest, and awarded them

$60,000.00 in attorney fees. The Cantrells appeal.1

On appeal, the Cantrells argue that the trial court erred by finding that the Singhanias

proved their entitlement to summary judgment on their breach of contract claim as a matter of

law because (1) the Cantrells complied with the Contract, (2) the Singhanias validly released all

claims related to the Contract, and (3) the release cannot be reformed by the doctrine of mistake.

We find that the Singhanias proved their breach of contract claim as a matter of law and that,

under these unique circumstances, the release was invalidated because mutual mistake showed

that there was no meeting of the minds to release earnest money to the Cantrells. As a result, we

affirm the trial court’s judgment.

1 Originally appealed to the Second Court of Appeals, this case was transferred to this Court by the Texas Supreme Court pursuant to its docket equalization efforts. See TEX. GOV’T CODE ANN. § 73.001 (Supp.). We follow the precedent of the Second Court of Appeals in deciding the issues presented. See TEX. R. APP. P. 41.3. 2 I. Factual Background2

A. The Contract Is Subject to Availability of Third-Party Financing

The Singhanias used their son, Aman Singhania, a real estate agent with Competitive

Edge Realty, as their sales agent. When the Singhanias located the Cantrells’ sales listing, Aman

reached out to Brooke Bengard, a real estate agent with RE/MAX DFW Associates, who

represented the Cantrells. On July 8, 2023, the Singhanias received pre-approval for a

$2,400,000.00, thirty-year, fixed mortgage at 6.25% interest from Purelend Mortgage LLC.

On July 14, 2023, the Singhanias signed the Contract to purchase the Cantrells’ property.3

The Contract stated that they would pay $540,000.00 at closing, which was scheduled for

August 11, 2023, and would obtain financing for the remaining $2,160,000.00 pursuant to a

“Third Party Financing Addendum.”

In a section labeled “EARNEST MONEY AND TERMINATION OPTION,” the

Contract specified that earnest money of $35,000.00 would be paid to the escrow agent,

“National title - Kim Hill,” and that the Singhanias had “the unrestricted right to terminate [the]

contract by giving notice of termination to Seller within 5 days after the Effective Date of this

contract.” The provision further stated, “If Buyer gives notice of termination within the time

prescribed . . . any earnest money will be refunded to Buyer.” As to the earnest money and

termination provisions, the Contract provided, “Time is of the essence for this paragraph and

strict compliance with the time for performance is required.”

2 The facts recited are from the summary judgment proceedings. 3 The Contract provided that the prevailing party “in any legal proceeding related to th[e] [C]ontract [wa]s entitled to recover reasonable attorney’s fees and all costs of such proceeding.” 3 The Contract further contemplated that the parties would make a demand for the earnest

money and would sign a release in the event of timely termination by stating the following:

DEMAND: Upon termination of this contract, either party . . . may send a release of earnest money to each party and the parties shall execute counterparts of the release and deliver same to the Escrow Agent. . . . If only one party makes written demand for the earnest money, Escrow Agent shall promptly provide a copy of the demand to the other party. If Escrow Agent does not receive written objection to the demand from the other party within 15 days, Escrow Agent may disburse the earnest money to the party making demand . . . .

The Addendum, also signed by the Singhanias on July 14, required them to “apply

promptly for all financing . . . and make every reasonable effort to obtain approval for the

financing, including but not limited to furnishing all information and documents required by

Buyer’s lender.” The Addendum showed that the Singhanias would apply for a thirty-year, fixed

mortgage loan in the principal sum of $2,160,000.00 “with interest not to exceed 6.500%,” that

time was of the essence, and that “[a]pproval for the financing . . . [would] be deemed to have

been obtained when Buyer Approval and Property Approval [were] obtained.” Even so, the

Addendum stated:

This contract is subject to Buyer obtaining Buyer Approval. If Buyer cannot obtain Buyer Approval, Buyer may give written notice to Seller within 14 days after the effective date of this contract and this contract will terminate and the earnest money will be refunded to Buyer. If Buyer does not terminate the contract under this provision, the contract shall no longer be subject to the Buyer obtaining Buyer Approval. Buyer Approval will be deemed to have been obtained when (i) the terms of the loan(s) described above are available and (ii) lender determines that Buyer has satisfied all of lender’s requirements related to Buyer’s assets, income and credit history.

4 B. Difficulties Arise in Obtaining Financing for the Singhanias

Despite the Singhanias’ pre-approval for a $2,400,000.00, thirty-year, fixed mortgage at

6.25% interest, on July 14, Pureland Mortgage sent a fee sheet for a $2,080,000.00, thirty-year,

fixed mortgage at 6.99% interest. The fee sheet did not meet the terms of the Addendum, which

showed that the interest was “not to exceed 6.500%.” To obtain financing with the terms stated

in the Addendum, the Singhanias promptly sought to obtain third-party financing from Truist

Bank, which preapproved a $2,160,000.00 loan at 6.25% interest. According to Aman’s and

Sanjay’s affidavits,

The Singhanias made every reasonable effort to obtain approval from Truist for the financing described in the Third[-]Party Financing Addendum, including furnishing all of the information and documents Truist requested. Specifically, throughout the loan application process, the Singhanias diligently responded to all of Truist’s document requests and requests for other information. The Singhanias worked in good faith with Truist to secure approval for their mortgage application, including putting Truist in direct contact with the Singhanias’ certified public accountant so that he could work directly with Truist to help Truist understand the Singhanias’ complex financial situation, which included numerous properties, businesses, and cash flows.

Sanjay and Aman swore that, “[b]ecause of the complexity of the Singhanias’ financial

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Shawn Cantrell and Jamie Cantrell v. Sanjay Singhania and Sapna Singhania, Counsel Stack Legal Research, https://law.counselstack.com/opinion/shawn-cantrell-and-jamie-cantrell-v-sanjay-singhania-and-sapna-singhania-texapp-2025.