Sunday, November 18, 2007

My Response to Letter



I faxed off my response to EWCP's lawyer's
letter. Click on document to enlarge.

The reason I asked for the changes you
will note in the letter, is to ensure
that the Buyer does not 1. take ownership
of my home before the Closing date 2.
that I receive the funds on the Closing
date. On Closing the Buyer gets ownership
of the house and I, the Seller get the funds.
Not the Buyer gets ownership of the house
before the Closing date and I don't get the
funds on the Closing date. Thirdly, if the
Buyer were to take ownership of the house
before the Closing date and I did not receive
the funds on Closing, I do not want the
Confidentiality clause to be used to conceal
a crime and to deprive the Seller of a
remedy.

Like I said in an earlier post, the Buyer
is only buying a house. What does it need
a confidentiality clause in an agreement to
purchase a house?

We'll see how the Buyer responds.


If you haven't already, read post, tilted,
"The Agreement - Seller on Unequal Grounds"

Also see the October Archives for the post
title, " Agreement - The Offending Clause"

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