Legal Question in Real Estate Law in California
Cancellation of contract to purchase
After a week of puting $5K deposit on a new property I decided to cancel due to many items showing up in the prelim title report. In the contract there is a clause to provide clean title report and I was concerned that this builder will be able to do that. How do I get my deposit back?
2 Answers from Attorneys
Re: Cancellation of contract to purchase
I'd have to see your contract to advise you.
Re: Cancellation of contract to purchase
Your contract will dictate the terms and conditions regarding the return of your deposit under these unfortunate set of circumstances. If you would like for our Law Firm to affordably review your contract and advise you of your options regarding the prompt return of your $5K at issue, email us directly.