Legal Question in Real Estate Law in Florida
refund of deposit in home sale
we signed a contract to purchase a home fsbo 6 months ago and it was contingent upon us selling our home. due to unforseen cercumstances and the fact we could not sell our home we had to get out of the contract. Are we entitled to a refund due to the fact it was contingent on the sale of our current home?
Asked on 12/02/01, 2:58 pm
2 Answers from Attorneys
Elliot Goldstein
Law Offices of Elliot Jay Goldstein
Re: refund of deposit in home sale
Look at your contract. Its terms will govern.
Answered on 12/02/01, 5:20 pm
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: refund of deposit in home sale
The answer is determined by the terms of your contract. If it says what you say then the answer is 'yes'. I would have to review the contract before rendering an opinion.
Answered on 12/17/01, 7:03 pm