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Updated over 11 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Oluseye Faleye
  • Real Estate Investor
  • Houston, TX
0
Votes |
8
Posts

I lost Termination Option check during moving

Oluseye Faleye
  • Real Estate Investor
  • Houston, TX
Posted

I sold my home on 9 September 2013. The buyer provided me a termination Option check for $150 but i did not know i was supposed to cash it. I notified the Buyer Agent a day after closing and said if they could reissue a check. She said it was the buyers decision. I called the buyer and she says she get back to me. 1 month and half later, she says that legally she paid by righting me a check and i lost it so she cannot right me another check. So i am basically out $150. The amount was taken out during closing also.

What options do i have? Am i legally out since a check is not considered cash until i take the funds out of her account. I am planning to take her to small claims court to let a judge preside over this.

Shay

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