Buyer agrees to use best efforts to pay off existing loans that are in sellers name within five years of close of escrow.)Protection for the sellerBuyer will execute a quitclaim deed back to the seller, which is held in escrow unrecordedHow to protect the buyer in the chain of title and potential future creditors of the seller.For the buyers protection a lien of some percentage (I like to see at least 20%) of the purchase price in favor of the buyer executed by the seller will be recorded a "Sellers Performance Deed of Trust" The buyer will appear to be a juniors lender for public record purposes.The seller is protectedFor the sellers protection a reconveyance of said deed shall be executed by the buyer, which would be recorded in the event of a default upon request of the seller, which remains uncured for sixty (60) days upon written notice of default, has been mailed to the buyerThis would allow the management company to unilaterally remove buyers cloud on the title by using the pre-signed reconveyance if the default was not cured as outlined.

Aside from my own tech entrepreneurial adventures (I am a web developer), I wanted to give real estate a shot and see what it was all about.

Send me a colleague request!

Could not stop myself from giving it a deeper insight after reading your observation.I prodded the whole website, services and inspected web, talkedto people to know the actual story.

They have been responsive to my few requests, but I set up an IRA LLC, so I don't have any involvement with them at this point other than the $40 or so quarterly fee.I had to go back and forth with them some on the form of my LLC operating agreement, so if you want a copy of the agreement they've approved (saving yourself the exorbitant $5,000 or so fee that the attorneys that do this sort of thing charge), send me a PM.

Now they are apparently issuing a request for a refund - what, if any, legal action can I take?

Did you do a web search to see if their deaths were public record?

Send me a friend request and we can pm off line.

@Charlie Hampton - I absolutely hate this for you but am glad it appears to be coming to a conclusion and that you can get on with your project.I got a bunch of requests for the super soaker story so here it is.  

Except in an emergency, all maintenance and repair requests must be made in writing and delivered to Landlord or its Agent.