These housing finance agencies are semi-governmental non-profits and thus exempt from a lot of the stuff that for profit private sector lenders can do.If your settlement paperwork has conflicting info, the most conservative of what you agreed to is likely what you are bound to.

You don't you're aware of what is involved in a settlement.

Though it did start as an actual Danish settlement, not just made to look like that for tourism purposes only.Unfortunately, STRs aren't legal in Santa Barbara County except under special zoning or I'd have one.

If you already have a purchase price and terms, find a good closing attorney and have him write up the purchase agreement with a $10,000 earnest money deposit for buyer to place in attorney's escrow account that will be credited toward buyer at settlement.  

I think this transaction and the agent's reputation can still be saved by demanding an assignment of the lease and an adjustment line item for the security deposit $ on the settlement statement.

Do you have a copy of the sale contract and the accountings of the settlement?

@J Scott does that 90 day start from settlement or recording of the deed (which we all knows can take 14-25 days)??

Now instead of a 3-page HUD-1, we get a 5-page settlement statement- that takes longer to close with.  

@Fausto Carosella   you have a good piece of wood I can whittle you a gavel as a gift to the court, may be they'll go lighter on you  for filing wrongful liens and financing the sale of real estate outside of settlement, you know, like undisclosed costs of acquisition in connection with the sale that cause the settlement of accounting to be incorrect, an unreported basis for federal taxes and, oh, let me see, financing an option out of compliance with the SAFE Act (now incorporated in Dodd Frank)........hey, mind moving that spittoon away from your leg, I'm not a very good shot spit'n'!   

On the settlement statement, they credited me my share of this months rent and all the numbers looked fine to me.