Legal Question in Business Law in Maryland

I leased a car in Maryland on 3/19/13. The dealer agreed to take my old car in trade, and we agreed on an amount. I had just paid off the loan balance on the old car on 3/18, so the dealer indicated that I would need to drop off the lien release before they would issue a check for the value of my trade in (I did not roll the trade in amount into the new lease). I dropped off the lien release on 3/23/13. They wouldn't issue the check for the trade that day because it was Saturday and the dealership was really busy. I was told via email that the check would be mailed this week, but I don't yet have the it. I have a signed "Pay-off Verification Customer Trade-in" agreement from the dealer. How long do they have to issue me a check? Or am I totally screwed here? Thanks for your help.


Asked on 3/27/13, 1:47 pm

1 Answer from Attorneys
Robert Sher Wagshal and Sher

Although there is no set time frame on it, you certainly should have received the check by now, and you have an enforceable agreement. You should contact the finance office at the dealership about it and if it's convenient and they haven't sent it out yet, arrange to pick up the check.

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Answered on 3/27/13, 1:55 pm


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