Legal Question in Real Estate Law in California

document-demand to close escrow

we put in a deposit for a home on contingecy basis with a 72 hours notice, if they had a client. however, the people that were going to buy my home cancelled and the closing day of escrow they had requested was on 13th. now the agent from the home we put a deposit on wants us to sign a demand to close escrow document. she does not even have a buyer for her home. cany i loose my deposit ? can she makes us sign that document?


Asked on 7/21/07, 7:42 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: document-demand to close escrow

No one can make you sign a document, and yes you can lose your deposit if you breach your contract to buy.

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Answered on 7/22/07, 1:54 am


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