Legal Question in Real Estate Law in California
I am en escrow for a condo in Los Angeles county. I have done everything when asked except one form I delayed signing because I could not get any answers about it. The seller decided to cancel because too much time had passed. The main reason too much time had passed was because the selling agent and seller would go MIA for weeks at a time. There was one document where the seller marks yes or no about different aspects of the property. He had put x marks in the margin. There were other typos and mistakes. I asked my agent to return that one page to have the buyer properly mark either yes or no. They never responded, then we sent it again, and still no response. Finally when I refused to sign a document that was going to release some funds until I understood it, the seller decided to cancel. I called the selling agent and we argued, I said I would sign the document and release the $200 for HOA docs, but I wanted the seller to fix the page we had sent twice. We ignored the cancellation letter and I signed. We got back the document and the x marks from the margin did indeed move into the boxes, but instead of marking yes or no, he marked both. Meanwhile my lender was taking her time and even though I was moving money around, paying off my car, selling stock etc. The seller sent a document saying if everything was not done by today they would cancel. This was sent Friday evening. It takes three business days after a sale of stock to be released, so the soonest I can get those finds is Wed. (today is Monday). He once again sent a notice to cancel. He loses nothing if he cancels, I am out about $2000. I am responding as soon as I can to everything he has been the one holding things up. The appraisal came out above agreed price so I believe he is just looking to get more money. Is there anyway I can block the cancelation? IN the event he does cancel is there any way to overturn it or to at least get the money I have spent back?
1 Answer from Attorneys
This is not a situation that can be dealt with in an internet Q&A format. You need to see a lawyer in person with all the documents available for review.