Legal Question in Civil Litigation in Illinois

Can i get my earnest money back from a business offer after it has been accepted?

I made an offer based on what the sellers told about the business. No documents were provided to back up anything the seller claimed. after offer was accepted i found out things that were untrue and we needed to renegotiate the offer.

They sellers stated that they owned all everything in the double rental space. Yes they did build out the space but they don't understand that the space that they made so pretty stays with the landlord and that's included in the rent i would pay for 2 spaces. Then they said their lease would expire in may 2016. Because they did not read the lease before signing it they have auto-renewed for 5 more years. My original agreement with them was $30k for the purchased and 2 year lease based on what they said. They also said that the liquor license was transferrable and i could even sell it if i didn't want it anymore. (Not true)! They also stated that they own the gaming machines( not true) those are rented for a yearly fee. So because i wanted to reduce my initial offer to $24k to reflect the things that have now come up, they have completely changed the terms of the contract. They now want me to pay them $30k for 50% of the business where i am responsible for all taxes bills and etc while they sit back and collect profit off of my hard work to make the business grow. They also want me to sign a 5 year sublease with 3 months security deposit (because they didn't read the lease and want to pass it on) and then once i have completed the 5 year term they will give me the other 50% of the business. I have told the broker for this deal several times that i am no longer interested in this deal due to misleading information and terms that i did not agree on and he refuses to release my deposit. I have given the broker a deposit on 1-9-16 and on 2-9-16 i began to ask for my deposit because all of these things were coming out. What should I do?

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