BPE Law
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Real Estate Contracts

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    • WHEN CAN THE SELLER KEEP THE BUYER’S PURCHASE DEPOSIT?

    August 23, 2014 | Category: Real Estate Law | Tags:
    The Residential Purchase Contract (“RPA”) imposes on the Buyer and Seller certain obligations, one of which is to deposit their Earnest Money into Escrow. Assuming that this has occurred, before a Seller can ever claim that deposit, they must first establish that: (1) the Buyer breached the Contract; (2) they gave the Buyer Notice to […]

    STOP PROPERTY FROM BEING HELD HOSTAGE

    August 23, 2014 | Category: Real Estate Law | Tags:
    While presumably most buyers and their agents are operating in good faith in writing purchase offers representing that their buyer is ready, able, and willing to complete the purchase, there are many others who are writing purchase offers on many properties, tying them up, and then failing to timely make their earnest money deposits or […]