Otherwise get a release signed, and get your EM deposit back.  

Pay attention to the "release clause".Also, just curious...why were you wanting this product specifically?

Contractors know how to deal with it to avoid releasing its fibers. 

Official Austin MSA data will be released in a week and I will post that report when it’s available. 

Getting a contractor to wait to get paid until FHA inspects the completed work and releases the rehab funds is more difficult than you may think. 

@Matt SmallKeep in mind quit claim releases your rights to the property, but if the mortgage is in both names, late payments will still affect both parties’ credit score and standing.

You will want to release your earnest money at that time as a measure of good faith. 

Even if you're out of contingency periods, which it sounds like you're not, most sellers just release EMD in this market.

The return of member capital could be coming from any number of sources: a strategic refinance, significantly increased cash flows, release of escrow monies, new construction coming online, strong appreciation/compressed cap rates, opening of an Amazon Prime Warehouse next door, etc Each deal has its own uniqueness.Does that clarify things at all?

Write a nitty gritty agreement as to: what are the steps for you to release money to he/she, who makes decisions, who is the boss, what do you need to buy, what happens when disaster hits...he/she has accident in the house...