Escrow..If the contract has been completed by the purchaser under the terms of the contract
the sale is complete
If the seller refuses to claim monies held is escrow they are deemed to failed to complete the contract and may/will be sued for various reasons including loss of opportunity
The fact that the funds are held is escrow are immaterial. purchaser has completed there duties
Sellers may be aware of changes to market since signing contract and attempt to backout or seek better terms will normally will lose
Avz hold a strong case imo
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-35
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