Legal Question in Real Estate Law in Florida

overpayment by title company

i sold my house in fla. we closed 06/04/2007. closing statement said i had $54900 due me. title co. sent me $56900. am i obligated to pay them back?


Asked on 7/21/07, 11:41 am

1 Answer from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: overpayment by title company

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Of course. Why would you not be obligated if a mistake was made? If you fail to do so, it could be considered civil theft for which you would have possible liability of treble damages (3 times the amount in question). You should verify the amounts and if an error was made, immediately send the overpayment back to the title company.

Scott R. Jay, Esq.

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Answered on 7/21/07, 12:01 pm


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