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Home / News Stories / Agent Who Failed To Tell Seller Of Bounced Checks Breached Duty (access required)

Agent Who Failed To Tell Seller Of Bounced Checks Breached Duty (access required)

A real estate settlement agent who was holding a deposit check from a buyer has to pay damages to the seller because the agent delayed telling the seller that the buyer's check had bounced. A real estate firm, acting as the buyer's agent, presented the $5,000 check along with the contract, according to Loudoun County Circuit ...