Legal Question in Real Estate Law in Illinois
Closing on Home
My motherin law signed the closing papers on her new mobile home on Friday aug 15th. The sellers are moving out Saturday .They will not turn the keys over to my mother in law until they recieve there check from my mother in law 's finacining company. My mother in law has paid all monies she was required to. The seller's realator states that because they haven't recieved their check from the finance company the closing hasn't taken place . Is this true? Do the sellers have a right to with hold the keys?
Asked on 8/22/03, 11:34 am
1 Answer from Attorneys
Mary McDonagh
McDonagh-Faherty Law Offices
Re: Closing on Home
It depends on the contract but generally this sounds right. Without looking at the contract, nobody can really tell you for certain.
Answered on 8/22/03, 12:29 pm