Cps, Other/Just Looking in Long Beach, CA

Buyer cancelled escrow AFTER due diligence for sale of business. Is deposit legally his for return? I am Refusing to sign release. Agent was dual

Asked by Cps, Long Beach, CA Fri Feb 3, 2012

It is a California based business and buyer had signed off ALL requested and required escrow papers, and 2 weeks prior to close ,BUT AFTER due diligence, backed out. Agent worked for both buyer and seller. I am the seller and refuse to sign off for buyers deposit. What happens next?

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Alex Montelo…, Agent, Seal Beach, CA
Wed Nov 26, 2014
I would seek counsel from a Real Estate Attorney. There is not enough information to go by. Without seeing the contract and all of its terms, it is impossible for anyone to give you advice.

Best of luck,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
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