Legal Question in Real Estate Law in California
The house I was renting foreclosed and BofA offered 3,500.00 (cash for keys) to be out by July 5th and I signed the agreement. It has been almost 3 weeks and they have not sent the check to the realtor who is handling the inspection and release of the check. When I call the realtor he tells me that Bank of America is behind on issuing checks. I held up my end of the agreement but the bank has not, do I have any legal recourse?
Asked on 7/23/11, 11:55 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
I assume that you moved by July 5. It sounds like you might have a small claims case. Additionally if you can show pattern and practice, you might have other remedies such as a class action (although the Supreme Court's recent decision might make a class action pretty tough).
Answered on 7/24/11, 4:39 pm