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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>
</div>
<blockquote type="cite"
cite="mid:DCF80949-EF4F-41B9-A882-84516B039B4D@sounderlaw.com">
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<div class="WordSection1">
<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>
</div>
</div>
<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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<br>
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