More details to this question:
In the process of selling home, and after the due diligence period, the buyers put a stop payment on the deposit check because they were wanting to more money. Sellers said no. Ultimately, title company alerted Sellers Agent, who was unaware of this situation. This is a buy/sell transaction for the realtor. But, realtor signed contract with Buyers in this situation NOT the sellers. What are the legal ramifications on putting a stop payment on a check when buyers were outside the due diligence period and in serious breach of contract?
1 ANSWER
Issuing a stop payment in Florida is illegal unless the check is lost. I would suggest you speak to a real estate lawyer as soon as possible so that we can asisst you in this matter.
Answered on Feb 24th, 2025 at 8:40 AM
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