QUESTION
I WAS NOT ABLE TO CLOSE ON TIME THE SELLER NOW WHATS TO KEEP MY DEPOSIT. WHAT CAN I DO TO GET MY MONEY BACK
Asked on May 28th, 2016 on Residential Real Estate - California
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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It may depend on the circumstances under which you were not able to close. If you were within your contingency period and you gave proper notice of cancellation, you should receive your deposit back. If the seller refuses to return your deposit, then he may be held liable for double damages for wrongfully withholding your deposit. Call or email an attorney for a full consultation.
Answered on May 28th, 2016 at 10:02 AM