Money claim against breach of agreement by seller

How do I get back the money in an escrow account if the seller breaches the agreement?

Answer (1)

Team Legistify

  • Sector-1, Noida

If the seller is in breach of the agreement to sell, the seller’s signature or a court order is required for the funds to be returned to the buyer. If the buyer breaches the agreement and the terms of the contract state that the funds may be treated as liquidated damages, the buyer’s signature is required before funds are released to the seller.

Answered on 28 Sep 2018

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