Can I Sue and Keep the Earnest Money?
By Sean M. Sweeney • Nov 14th, 2008 • Category: Civil Litigation, Newest Post, Real Estate LawA recent decision by the Wisconsin Appellate Court upheld a circuit court decision in which the plaintiff’s were not able to sue for actual damages in a failed residential real estate transaction because they did not return the earnest money to the buyer. The court ruled that they irrevocably elected liquidated damages as their remedy [...]
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