Question:
Lat year while selling my condo, I had an offer that was taken off the table; it never went to title or escrow. Mgmt. co. charged me $400 disclosure fee out of pocket.
Because this was illegal, I asked several times throughout the year for a refund or to apply it to my successful sale. Neither happened. Finally sold property on 10/4/23 and they are now refunding money minus $69.45 for fees associated with 2failed sales during the year. Can they legally do this since again, escrow never closed and info was sent electronically?
– Lucille
Answer:
Hi Lucille,
Kindly coordinate with the management company and clarify the details of the fees. The management company may have incurred other administrative expenses not related to sending electronic information. It may also be helpful to review the contract terms with the management company to see whether fees will be incurred regardless of closing. For further guidance, kindly consult a lawyer.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
