ChristopherW
Junior Member
Oakland, CA
We secured a buyer and seller for the sale of an apartment building. The seller, after giving us the elements to a listing agreement (Agreed commission, property, etc) then made a deal with the buyer himself. Before they were set to close escrow, our attorney emailed them threatening a lawsuit. Now, they have not closed escrow, and the buyer has just rented the units, paid for the complex, but didn’t transfer title. I told my attorney to file a complaint, but now he says without title transferring we do not have a cause of action. Is this correct? There must be some way to sue at this point since the buyer is making money on the building, and we have for rent ads with his name. What causes of action can we bring if there isn’t an official “sale” but more of a master lease?
We secured a buyer and seller for the sale of an apartment building. The seller, after giving us the elements to a listing agreement (Agreed commission, property, etc) then made a deal with the buyer himself. Before they were set to close escrow, our attorney emailed them threatening a lawsuit. Now, they have not closed escrow, and the buyer has just rented the units, paid for the complex, but didn’t transfer title. I told my attorney to file a complaint, but now he says without title transferring we do not have a cause of action. Is this correct? There must be some way to sue at this point since the buyer is making money on the building, and we have for rent ads with his name. What causes of action can we bring if there isn’t an official “sale” but more of a master lease?
