Legal Question in Business Law in New York
I had a potential buyer back out of closing. My attorney was holding the depost if $10,000. This happened in 2004. He deposited it into an escrow account and I was told it needed to stay there for 7 years. If no one claimed it then the money was mine. What do I need to do to claim it now?
Asked on 3/14/10, 5:05 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
I would send a written demand to your attorney. If he or she does not make payment, I would then file a grievance with the local bar association.
Mike.
Answered on 3/20/10, 12:57 pm
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