Legal Question in Real Estate Law in Florida
Hello, my name is Theresa Lombardi, and I have a question regarding my dad's home (he passed away 3mths ago) the house has a buyer now and we were supposed to close on the home this coming Friday. I got a call today from the realtor that said the title search came back as not clear. The contractor reported all payments except the last one. However, there are no liens on the home. The contractor is no longer in business and hasn't been since 1995.. The realtor said this would hold up the sale of the house. WHY? This contractor is not in business anymore. Any light you can shed on this for me would be helpful.
Asked on 8/12/11, 4:36 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Your attorney should be able to clear up title by calling the title company.
Answered on 8/13/11, 8:35 am