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</o:shapelayout></xml><![endif]--></head><body bgcolor=white lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>I would add that the contract does survive the death like any other contractual obligation except of course a personal services contract.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>Nestor Gorfinkel, Attorney at Law<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>Licensed in Washington & Florida<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>Florida Civil-Law (International) Notary<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Calibri",sans-serif'>ATTENTION - This e-mail message and any attachment to this e-mail message may contain confidential information that is legally privileged. If you are not the intended recipient, you must not review, retransmit, convert to hard copy, copy, use or disseminate this e-mail or any attachments to it. If you have received this e-mail in error, please notify us immediately by return e-mail or by telephone at the phone numbers provided herein and delete this message. Please note that if this e-mail message contains a forwarded message or is a reply to a prior message, some or all of the contents of this message or any attachments may not have been produced by the sender.<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal><b><span style='font-size:24.0pt;font-family:Webdings;color:#009900'>P</span></b><b><span style='font-size:24.0pt;font-family:"Calibri",sans-serif;color:#009900'> </span></b><b><span style='font-size:9.0pt;font-family:"Verdana",sans-serif;color:#009900'>Please consider the environment before printing this e-mail.</span></b><span style='font-size:11.0pt;font-family:"Century Schoolbook",serif'><o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>> <b>On Behalf Of </b>Kary Krismer<br><b>Sent:</b> Wednesday, May 9, 2018 8:37 AM<br><b>To:</b> <a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a><br><b>Subject:</b> Re: [WSBARP] Earnest Money Deposit Issue<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p>I would agree with Eric, but also point out that you should probably review the offer carefully to make sure it was properly filled in and enforceable before some buyer's attorney gets involved doing the same thing. Annie has been focusing a lot on Form 17 lately in her agent education, and there are very few transactions that have properly filled in Form 17s if you use the strictest standards and some contracts don't even have valid legal descriptions.<o:p></o:p></p><p>I would also question whether the contract survives the death of the seller. I don't remember the answer to that question.<o:p></o:p></p><pre>Kary L. Krismer<o:p></o:p></pre><pre>206 723-2148<o:p></o:p></pre><div><p class=MsoNormal>On 5/8/2018 4:18 PM, Eric Nelsen wrote:<o:p></o:p></p></div><blockquote style='margin-top:5.0pt;margin-bottom:5.0pt'><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>I don't think an offer/ask to rescind is a breach of the PSA, so Seller isn't entitled to the EM. Seller just needs to reject the offer to rescind and inform Buyer that the Seller Estate intends to close as agreed. Unless Buyer actually says something affirmative like "I'm not going to close on this," I don't think you have anticipatory breach.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>Sincerely,</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>Eric</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>Eric C. Nelsen</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>SAYRE LAW OFFICES, PLLC</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>1417 31st Ave South</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>Seattle WA 98144-3909</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>phone 206-625-0092</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif;color:#1F497D'>fax 206-625-9040</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">mailto:wsbarp-bounces@lists.wsbarppt.com</a>] <b>On Behalf Of </b>David Faber<br><b>Sent:</b> Tuesday, May 08, 2018 4:01 PM<br><b>To:</b> wsbarp<br><b>Subject:</b> [WSBARP] Earnest Money Deposit Issue</span><o:p></o:p></p><p class=MsoNormal> <o:p></o:p></p><div><p class=MsoNormal>List:<o:p></o:p></p><div><p class=MsoNormal> <o:p></o:p></p></div><div><p class=MsoNormal>I'm representing the PR of an estate for a decedent who was under contract for the sale of real property here in Jefferson County at the time of death. When Buyer (B) was informed that seller had died, B signed and transmitted a MLS form 51 Rescission Agreement attempting to beg out of the PSA and for the refund of the earnest money deposit. I was, quite frankly, surprised to see B try to rescind considering the closing date on the PSA is not until later June and there was no notification to B that the estate would be unable to close the transaction as the successor-in-interest to the decedent. PR now want to boot B out of the transaction but keep the earnest money deposit as liquidated damages under the theory that B signing the rescission agreement is sufficient to indicate that B intends to fail without cause to close the transaction. Either way, PR is quite annoyed by B for rushing to exit the PSA when their father died. <o:p></o:p></p></div><div><p class=MsoNormal> <o:p></o:p></p></div><div><p class=MsoNormal>I am unable to find case law on point here and wondering if anyone has any thoughts or would be willing to discuss this issue with me?<o:p></o:p></p></div><div><p class=MsoNormal><br clear=all><o:p></o:p></p><div><div><div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>Best,</span><o:p></o:p></p></div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>David J. Faber</span><o:p></o:p></p></div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>Faber Feinson PLLC</span><o:p></o:p></p></div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>210 Polk Street, Suite 1</span><o:p></o:p></p></div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>Port Townsend, WA 98368<br>(360) 379-4110</span><o:p></o:p></p></div></div></div></div></div></div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><br><br><o:p></o:p></span></p><pre>_______________________________________________<o:p></o:p></pre><pre>WSBARP mailing list<o:p></o:p></pre><pre><a href="mailto:WSBARP@lists.wsbarppt.com">WSBARP@lists.wsbarppt.com</a><o:p></o:p></pre><pre><a href="http://mailman.fsr.com/mailman/listinfo/wsbarp">http://mailman.fsr.com/mailman/listinfo/wsbarp</a><o:p></o:p></pre></blockquote><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p></div></body></html>