Releasing Earnest Money Deposits as Liquidated Damages and California’s Real Estate Response to COVID-19
Real estate in California has seen a consistent theme: a dearth of closings for pending transactions. Parties commonly utilize a Residential Purchase Agreement (C.A.R. Form RPA-CA) (“C.A.R. Form”), provided by the California Association of Realtors (“C.A.R.”), to make offers, counteroffers, and accept the negotiated purchase ... Read more >
