Even In Hot Real Estate Market, Seller Entitled To Entire 5% Deposit When Buyer Lost Financing

Massachusetts Real Estate Law Blog 12/10/10: Even In Hot Real Estate Market, Seller Entitled To Entire 5% Deposit When Buyer Lost Financing. This week the Massachusetts Appeals Court handed down an important decision involving the standard form purchase and sale agreement and a listing broker’s fiduciary duties as the escrow agent. The case is NRT New England, Inc. v. Moncure (click for case).

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