Maryland | Real Estate Law
Legal Question
I entered into an agreement with my lender to take back the house and pay me $5000 move out fee. In the agreement it states that I have to move out by April 30, 2009, which I did. The third clause of the agreement states that upon delivery of the property vacant and broom clean, lender will pay $5,000 within 5 days of aforementioned condition. The fact that they did not put a date on the third clause, can they insist on me abiding by the third clause by the move out date? Only reason i ask is because they discovered some boxes in the garage after the move out date and the lender is using that as an excuse not to pay me the $5,000.
Clauses of the Agreement verbatim:
1. The appellant hereby dismiss her Appeal with prejudice.
2. The Appellant shall vacate the property known as ... no later than April 30, 2009 at 5 p.m. (the property),
3. That upon delivery of the Property vacan and broom clean by Appellant, Lender shall pay unto the Appellant the sum of Five Thousand Dollars ($5,000.00) within five (5) days of delivery of property in aforementioned condition.
4. The Appellees shall waive any claim of deficiency against the Appellant.
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Read More Answered By: G. Joseph Holthaus III |
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