Hi listmates,

Client is a homeowner who wants to sell a portion of their property to a builder who will pay all costs of approval and subdividing.  It’s expected to take 18 months for approval by Town of Huntington.  Question –  Should portions of the down payment become non-refundable at certain points in the process?

Best,

Lisa                                       

The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty. – Winston Churchill

Lisa K. Doran
Khaleesi at Law

Your legal advocate in business, real estate and finance transactions.

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LDoran@ldoranlaw.com

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