| Name:
Marv
Title of Question:
earnest money spent |
|
Question: A broker cashed my $7,000.00 check of earnest money for property I wanted to purchase. The property was vandalized before closing. The deal was off and the seller and I signed a release for my money to be returned to me. I found out from the seller’s agent that my broker kept the fact that the seller signed the release for me to get my money back. Now my broker won't give me my money back. I believe he spent my money. Is this considered misappropriation of funds? Is it criminal, or civil? |
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