Legal Question in Real Estate Law in Texas

Sale of Home

I sold my house in TX and went to closing April 30, 2007. The closing company wired the money due to me from chosing directly into my account twice. I have recieved double the money and no one has contacted me from the closing company about the mistake. I advised the bank and the closing company the day after the transfer took place and neither claim a mistake was made.

Is their a limit on time for for the bank or closing company to catch the error and demand repayment?


Asked on 8/01/07, 3:27 pm

1 Answer from Attorneys

Charles W. Field Charles W. Field, Attorney at Law

Re: Sale of Home

The time limit is probably four years. However, I would advise you to put the extra money in a separate account and atleast allow it to draw interest. What with computers and cross-checking transactions they will probably discover their error.

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Answered on 8/02/07, 1:11 pm


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