Assignment 2 -CAR Quick Guide-Seller’s Cancellation of Escrow
CAR Quick Guide-Seller’s Cancellation of Escrow
For this assignment please read the CAR “Quick Guide” article; Seller’s Cancellation of Escrow.Download Seller’s Cancellation of Escrow.Then answer the following questions.
Based upon what has been provided in the article what is the difference between a unilateral cancellation and a bilateral cancellation?
Is the seller entitled to the buyer’s deposit when they cancel a contract on their own?
Based on what you read in this article, do you think California leans more in favor of the seller or the buyer when it comes to who gets buyers’ deposits for seller cancellations?
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