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Updated over 3 years ago on . Most recent reply

Seller not closing contract
I was on contract to buy a land in Sacramento through my realtor. I deposited on escrow 10k in January. Seller’s realtor said that his seller and his partner on the land were fighting and the other partner doesn’t want to sign and for that reason it is not closing until now. Realtor said that seller get a lawyer but still his partner is not complying. Seller always say working on it and getting close but no progress til now. Any advice?
Most Popular Reply

Did both partners sign the purchase agreement? If so, you could sue them for specific performance and make them close. Otherwise get a release signed, and get your EM deposit back.
Otherwise, if both partners didn't sign, you never had an enforceable contract to begin with.
- Michael Magno