North Carolina | Real Estate Law
Legal Question
Can't get earnest money back
My wife and I were under contract to sell our house to another couple. A week before closing the husband got a job transfer so they cancelled the contract on our house. But the real estate agents involved didn't get their signatures releasing the earnest money to us, and now they can't locate them. They tell us they can't release the money without a signature from them.
It's been almost 6 months, what do we need to do to get the money. Our agent told us if we take it to court that if the court can't locate the couple the court may refuse to release it. Can't we hold the agent responsible for not doing their job and getting the proper signatures upon the termination of the contract? What are our options?
Share This On:
Legal Answer
|
Read More Answered By: Greg Artim |
|
|
