Brooklyn, NY asked in Real Estate Law and Civil Litigation for New Jersey

Q: What can I do if the seller refuses to sign the release of my escrow funds? Am I able to sue for more than my deposit?

I had issues with the house, which the seller advised he will fix. He never signed the addendum but advised he will fix it through email. At walk through days prior to closing, the items requested were not fixed, and he was unable to provide a CO. He requested to close still which I refused and walked away from the deal. Now the seller is refusing to sign the release my escrow money. He wants to go to court. I read somewhere I can request up to 3 times the amount of escrow money and damages plus attorney fees. Please help as I believe I am not the only person he is doing this to

1 Lawyer Answer
Morris Leo Greb
PREMIUM
Morris Leo Greb
Answered
  • Rockaway, NJ
  • Licensed in New Jersey

A: You raise a number of difficult, technical issues. Were you represented by an attorney when you executed the contract ? If so, contact her to discuss your problems. If you were unrepresented was this because of yoor broker's recommendation? Immediately contact an attorney to discuss your matter in depth.

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