Legal Question in Real Estate Law in California
cash for keys problem
A realtor offered me cash for keys
deal if I moved out in two weeks
instead of sixty days. She said I hand
her the keys (after move out in
broom-clean condition) and she
would hand me my check. I gave
her the keys after she inspected the
place. Now she expects me to sign a
paper that starts out with ''I/We
hereby acknowledge receipt of the
payment offered....'' but I do not
have this money yet. I do not believe
I should sign until I actually am
handed this check. but she says I
have to sign it before I have the
check so she can fax it to the bank,
and then they will overnight the
check to her. Also, she now says it
can take more than thirty days for
me to be paid this amount, but this is
not how she presented the deal to
me originally. I would appreciate
your thoughts and advice. Thanks so
much!
2 Answers from Attorneys
Re: cash for keys problem
I'd have to say you may have been scammed by the agent. I would absolutely not sign something stating that you have received money you have not received. I'd call the realtor and tell them you are going to call the DRE and file a complaint against their license for fraudulently incuding you to leave before you legally had to on the promise of money they are now refusing to give you. Tell them you will also file suit against the realtor and the bank if they don't produce the check in 24 hours. Good luck.
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Re: cash for keys problem
If you had a lawyer you would really be in a strong position for reasons I cannot go into in this public forum. Please let me know if I can assist you.
Regards,
D. Bakondi
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