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<p>Make that Seller's agent...<br>
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<div class="moz-cite-prefix">On 11/17/20 9:36 PM, K. Garl Long
wrote:<br>
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cite="mid:fe01f0f2-330b-ea15-9f5c-d054b7312d3e@longlaw.biz">
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<p>Seller's is held to the standard of an attorney when drafting;
should contact insurance carrier.</p>
<p>KGL<br>
</p>
<div class="moz-cite-prefix">On 11/17/20 9:20 PM, Anthony Gibbs
wrote:<br>
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<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">I’m looking for some help with
legal research and would appreciate any guidance or
thoughts on the following scenario:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">Standard form 21 MLS PSA with
financing addendum form 22A, optional clauses addendum
22D, and inspection addendum form 35. Just under 5%
earnest money. Both the financing contingency and the
inspection contingency are selected. BUT, at the bottom of
form 22D, line 12 Other is checked and the following
language is added:<o:p></o:p></span></p>
<ol style="margin-top:0in" type="1" start="1">
<li class="MsoListParagraph"
style="margin-left:0in;mso-list:l0 level1 lfo1"><span
style="font-family:"American
Typewriter",serif">Buyer hereby authorizes escrow
to immediately release $50,000 of earnest money upon
mutual acceptance directly to the Seller. This money
shall now be considered a non-refundable deposit towards
the purchase of the subject property.<o:p></o:p></span></li>
<li class="MsoListParagraph"
style="margin-left:0in;mso-list:l0 level1 lfo1"><span
style="font-family:"American
Typewriter",serif">Inspection is for buyers
information only. PASS/FAIL<o:p></o:p></span></li>
</ol>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">The buyer’s agent prepared the
form and all parties signed. Seller later cited the
inspection contingency as the reason to terminate the
contract and demands the $50k of earnest money back. There
is some indication that the buyer might also have had
financing problems, but did not cite that as a reason for
termination. Buyer understood the $50k to be
non-refundable under any circumstances and that motivated
them to accept the offer.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">What I am looking in to is whether
that language, which is not standard form language but was
added at the discretion of the parties and written in to
the contract by the buyer’s agent, is binding despite the
contingencies. Items (1) and (2) seem to directly
contradict the inspection contingency and the ambiguity
ought to be construed against the buyer, since they
prepared the forms; and the added language ought to
control over the standard contract provisions. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">Am I missing something? It seems
like the buyer’s agent might have made a major blunder
here. Any thoughts are welcome.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">Yours, in gratitude,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif">Anthony<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif"><o:p> </o:p></span></p>
<div>
<div>
<p class="MsoNormal">-- <o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">Anthony F. Gibbs,
Esq.</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">Sounder Law PLLC</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"> </span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">(206) 734-4374 [P]</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">(206) 212-7825 [F]</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"><a
href="mailto:anthony@sounderlaw.com"
moz-do-not-send="true"><span style="color:#0563C1">anthony@sounderlaw.com</span></a></span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">sounderlaw.com</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"> </span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">22014 7<sup>th</sup> Ave
South, Suite 106</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">Des Moines, WA
98198</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"> </span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">15600 Redmond Way,
Suite 101</span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">Redmond, WA 98052</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"> </span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black">**[IN-PERSON
MEETINGS BY APPOINTMENT ONLY DUE TO COVID-19 AND AN
ABUNDANCE OF CAUTION]**</span><span
style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-family:"American
Typewriter",serif;color:black"> </span><span
style="color:black"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"American
Typewriter",serif;color:black">If you received this
email by accident or by some other mistake, please
immediately delete it and forget anything you might have
read in it, which are probably all just lies anyway. Thank
you. I’d also appreciate you notifying me of the error.</span><o:p></o:p></p>
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