You may think you are getting the keys right after you sign the documents, right? Not
always. If you walk in with a certified check, you think it’s like cash, right? Not always. Sometimes the funds need to be verified, even though it’s a certified check. Sometimes wire transfers take to be verified. Particularly if you are closing after the end of the business day, you may not get the keys when you think you are.
Sometimes real estate contracts specify that the
Woman holding key
buyer of the property shall take possession at the time of closing. Some of these contracts need to be modified to include language about verifying the transfer of funds to avoid a misunderstanding.
There are a lot of things about your real estate transaction that may not go the way you had hoped. It’s good to have Ben Winter on your side.
Ben Winter, P.A. focuses its practice in the areas of Social Security Disability and Workers Compensation in St Petersburg, Florida. For more information, go to our web site www.benwinterlaw.com or call (727) 822-0100.