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Home / Opinion Digests / Real Estate – Closing – Sale Proceeds – Fiduciary Duty (access required)

Real Estate – Closing – Sale Proceeds – Fiduciary Duty (access required)

A real estate seller who alleges defendants and their title company did not disburse sale proceeds to him after closing wins summary judgment on his claim for breach of fiduciary duty, despite defendants’ blaming their bank for the lack of funds, but the Richmond U.S. District Court dismisses the seller’s claim for fraud. The seller seeks ...