Questions for 2 land Parcels in California
Hi Fellow members need some help with my situation.
I bought 2 parcels of 1.4 acre each next two each other (let's call them A and B) under my LLC in California.
On Lot A 2 years back I partnered with a real estate agent and transferred him Lot A (for free so he can get a loan under his name ) and put my llc lean (it is recorded) so he can get a private loan to build home on parcel. Now he has built the home and is unable to sell for the last one year (my name is not the private Loan he got) . Now I am worried about how I can get money for my land. I have email trails for all communication though.
For Lot B also I have a question. I was trying to sell it separately and the buyer backed out for some reason a day before closing , can I keep earnest money?