Posted by Mark (SDCA) on June 26, 2001 at 11:10:45:
It depends on state law. In the state I do biz in, the title co will keep the money for a certain period of time. If the buyer and seller cannot agree (and the title company is a real sissy who does not do their job as a neutral 3rd party) then it is automatically thrown into the courts.
Mark
Earnest Money Dispute - Posted by Mike - NC
Posted by Mike - NC on June 25, 2001 at 21:21:45:
Greeting all,
I have question about earnest money dispute between
buyer and seller. If Buyer does not go to court to
claim About it. Is it still stay in Real Estate
Co. Trust account Or Listing agent will give it to seller , after some period of Time.
thx