Pennsylvania  |  Real Estate Law

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5/16/07, 1:00 pm

Legal Question

Due Diligence

I have an agreement of sale . The buyer/invetmnegt co backed out and wants the deposit back. They said they are /exercising their right of Due diligence. I disclosed all damages to them prior to them signing the agreement. They did not see the property until after they signed the agreement of sale.

I told them I would not sign the termination agreement until teh deposit was released to me that is held in Escrow. Do they have the right to get the deposit back?


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