Ernest Money*Should we stop payment on our check? | Zillow

Have Real Estate Law Questions? Ask a Real Estate Lawyer. You're certainly looking at being sued for breach of contract and for a forfeiture of the earnest money.

The seller could also sue for breach of contract for the amount of money it loses if the eventual sell is less than what you agreed to pay. The seller could also sue you for specific performance, which is a request to require you to fulfill the contract - which would mean in this case, to purchase the house. Also, there could be criminal charges. If you write a check in Colorado and later order a stop payment in an effort to defraud the recipient, you may be prosecuted for check fraud.

In Colorado, check fraud is punishable as either a misdemeanor or a felony, according to Colorado Revised Statutes section Ask an Expert Ask a Lawyer Real Estate Law Questions. Experts are full of valuable knowledge and are ready to help with any question.

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Understanding the Earnest Money Deposit | dicajytuh.web.fc2.com®

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Type Your Real Estate Law Question Here Roger is online now. If I stop payment on a real estate earnest deposit, can I get. If I stop payment on stop payment on earnest money check greatest futures trader estate earnest deposit, can I get into legal trouble outside of potentially being sued for the initial earnest deposit amount?

Hi - my name is XXXXX XXXXX I'm a Real Estate litigation attorney here to assist you. Ask Your Own Real Estate Law Question. There are some undisclosed structural issues that would have killed this purchase during the inspection anyway. I guess I'll let this run its natural course. Just thought it could save me a headache trying to get my money back. Unfortunately, it's a lot tougher to get out of a contract than it is to get into one!

Can I stop payment on an earnest money check? - Q&A - Avvo

If you cancel, you should expect some trouble or resistance to get your money back. Roger and other Real Estate Law Specialists are ready to help you. Ask your own question now.

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