Asked by cathy0927, Los Angeles, CA • Tue Feb 25, 2014
I am a seller and my agent is doing a dual representation. I believe he is being less than truthful with me and appears to be only interested in collecting his increased commission, to my detriment. He continuously fights me when it comes to the buyer performing within the parameters of the contract. Now it's looking like escrow will not close on time. I need to protect myself and would like to know what documents would I serve, to whom AND precisely when, to be able to cancel the contract should I choose if buyer does not performed by close of escrow Monday, March 3rd? My agent said it would be a Demand to Close, but that this doc is served AFTER the date escrow is scheduled to close, not beforehand. That's not my understanding, and I believe this to be yet another of his continuing lies to try to stretch this out. If I should choose to cancel I'd like to be able to do so as early as legally possible. Also, any legal ramifications if buyer doesn't timely perform and I cancel?
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