landten@lists.flabarrpptl.org

RPPTL Real Estate Leasing Committee

View all threads

[RPPTL LandTen] Sales Contract - Off topic

LC
Leonard Cabral
Mon, Feb 9, 2015 6:07 PM

Question off topic

A good family friend signed a contract for sale of a home (without consulting me or an attorney). Deposited $5k on contract for sale. Loan not approved within a specified time in contract.  Loan company continued to obtain approval.  Seller does not want to sell now and wants to keep $5k deposit.
Since I only do consumer and tenant rights I want to know if this is proper and how to go about getting back her deposit money.
Is seller entitled to any money?

Leonard P. Cabral, Esq.
Leonardcabral@lenslaw.com
212 N. Park Ave. Ste. 14
Sanford, FL  32771

Question off topic A good family friend signed a contract for sale of a home (without consulting me or an attorney). Deposited $5k on contract for sale. Loan not approved within a specified time in contract. Loan company continued to obtain approval. Seller does not want to sell now and wants to keep $5k deposit. Since I only do consumer and tenant rights I want to know if this is proper and how to go about getting back her deposit money. Is seller entitled to any money? Leonard P. Cabral, Esq. Leonardcabral@lenslaw.com 212 N. Park Ave. Ste. 14 Sanford, FL 32771
DC
Dennis Chen
Tue, Feb 10, 2015 3:33 PM

It depends on what the contract says.  Was there a finance contingency
selected in the contract?

Dennis A. Chen, Esq.
Chen Law Firm, PA
13360 W. Colonial Dr, Ste. 470
Winter Garden, Florida 34787
Tel:  (407) 392-1872
Fax: 1-866-571-3421
dennis@chenlaw.net

Bankruptcy * Civil Litigation * Landlord/Tenant * Personal Injury * Real
Estate Litigation

******** NEW ADDRESS effective 1/5/2015 ********
Physical address is listed above.  The new mailing address is:

Chen Law Firm PA
PO Box 784419
Winter Garden FL 34778

Telephone and email remain the same.

CONFIDENTIALITY NOTICE: This e-mail, including any attachment, contains
legally privileged and confidential information and is intended solely for
the recipient. Should the intended recipient forward this message to any
person or entity, that action could constitute a waiver of the
attorney-client privilege. If the reader of this message is not the
intended recipient, you are hereby notified that any review, dissemination,
distribution, or copying of this communication is prohibited. If this
communication was sent or received in error, please notify us by reply
e-mail and delete the original message.

On Mon, Feb 9, 2015 at 1:07 PM, Leonard Cabral leonardcabral@lenslaw.com
wrote:

Question off topic

A good family friend signed a contract for sale of a home (without
consulting me or an attorney). Deposited $5k on contract for sale. Loan not
approved within a specified time in contract.  Loan company continued to
obtain approval.  Seller does not want to sell now and wants to keep $5k
deposit.

Since I only do consumer and tenant rights I want to know if this is
proper and how to go about getting back her deposit money.
Is seller entitled to any money?

Leonard P. Cabral, Esq.

Leonardcabral@lenslaw.com

212 N. Park Ave. Ste. 14

Sanford, FL  32771


landten mailing list
landten@lists.flabarrpptl.org
http://mailman.fsr.com/mailman/listinfo/landten

It depends on what the contract says. Was there a finance contingency selected in the contract? Dennis A. Chen, Esq. Chen Law Firm, PA 13360 W. Colonial Dr, Ste. 470 Winter Garden, Florida 34787 Tel: (407) 392-1872 Fax: 1-866-571-3421 dennis@chenlaw.net Bankruptcy * Civil Litigation * Landlord/Tenant * Personal Injury * Real Estate Litigation ******** NEW ADDRESS effective 1/5/2015 ******** Physical address is listed above. The new mailing address is: Chen Law Firm PA PO Box 784419 Winter Garden FL 34778 Telephone and email remain the same. CONFIDENTIALITY NOTICE: This e-mail, including any attachment, contains legally privileged and confidential information and is intended solely for the recipient. Should the intended recipient forward this message to any person or entity, that action could constitute a waiver of the attorney-client privilege. If the reader of this message is not the intended recipient, you are hereby notified that any review, dissemination, distribution, or copying of this communication is prohibited. If this communication was sent or received in error, please notify us by reply e-mail and delete the original message. On Mon, Feb 9, 2015 at 1:07 PM, Leonard Cabral <leonardcabral@lenslaw.com> wrote: > Question off topic > > > > A good family friend signed a contract for sale of a home (without > consulting me or an attorney). Deposited $5k on contract for sale. Loan not > approved within a specified time in contract. Loan company continued to > obtain approval. Seller does not want to sell now and wants to keep $5k > deposit. > > Since I only do consumer and tenant rights I want to know if this is > proper and how to go about getting back her deposit money. > Is seller entitled to any money? > > > > Leonard P. Cabral, Esq. > > Leonardcabral@lenslaw.com > > 212 N. Park Ave. Ste. 14 > > Sanford, FL 32771 > > > > > > > > _______________________________________________ > landten mailing list > landten@lists.flabarrpptl.org > http://mailman.fsr.com/mailman/listinfo/landten >