Q: Do I have a breach of contract and/or fraud claim lawsuit?
I am the seller of a property and a homebuyer company did not close. Two days before closing they said their was a break in the chain of title. After the initial contract expired they asked for an extension which did not have an expiration date. I declined the extension. 1st demand letter was sent requesting removal of affidavit of memorandum placed on title and they refused and said they would sue me for breach of contract, because it's my responsibility to make sure title was clear. Shortly after I found out there was no break in the chain. All previous owners were accounted for and recorded. A second demand letter was sent and they finally removed affidavit after I threatened to file quiet title lawsuit. It seems they lied because they knew they wouldn't close on time and attempted to lock me in with an extension with no expiration date.
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