REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
firstname.lastname@example.org | http://www.AustinListed.com
This is clearly a question for YOUR AGENT, rather than other agents over the Internet! Additionally, our Code of Ethics and Standards of Practice really prohibit us from providing you real estate advice since you are represented by another agent.
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As a practical matter, the non-performing party will usually submit a termination and instruction to disburse the deposit in the manner most favorable to that party's self-interest. Often times the other party is willing to give up any claim to the deposit to avoid a confrontation and to speed efforts to move in a new direction
In matters like this a close review of the agreement and subsequent events is mandatory.
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
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