THE bUYER SOLD HIS HOUSE AND CLOSED. NEXT DAY HE DIED. WHAT HAPPENS TO THE DOWN PAYMENT.
2007-01-17 01:46:09 · 3 answers · asked by DON SCHUTTE [SHOOTY] 2 in Business & Finance ➔ Renting & Real Estate
If you don't give it back, shame on you.
Legally it may not be yours to keep. It depends on the contract and if they signed it at all. I'm assuming they signed a contract. However, most contracts have financial "out" clauses. For example, if the borrower cannot qualify for the loan, they can cancel, etc. You need to read the contract and then look in the mirror.
Here is to hoping you make the right choice, regardless of the legal "right"!
Joe...
2007-01-17 04:04:11 · answer #1 · answered by Joe K 3 · 0⤊ 0⤋
Legally, I think it's you. Morally, you should return it to his estate!
2007-01-17 02:01:56 · answer #2 · answered by Brooke22365 4 · 0⤊ 0⤋
You
2007-01-17 01:51:35 · answer #3 · answered by fishingbabe8 3 · 0⤊ 0⤋