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What if the vendor is lawyer and he insist the purchaser issue 3% earnest deposit under his name instead of agency or lawyer firm. Shall we proceed? Or any way to protect? Anyone experience this kind of cases


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Appoint your own lawyer to prepare the S&P. U can ask yr lawyer to pay booking the vendor on your behalf as stakeholder.

James bond craig junio2006 small

I agree with Edward & PNK. The cheque should be under Law Firm's name. And appoint your own lawyer.

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So in other words... both seller and buyer need to appoint separate Law firms to handle the transaction?

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@evatan88 thanks for sharing