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Asad Rahman
Asad Rahman, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 2129
Experience:  Practicing Attorney with 10 years experience
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Bout silver saddle ranch. Unfortunately we ran into the same

Customer Question

hi, bout silver saddle ranch. Unfortunately we ran into the same trap. After a free overnight stay we were invited to a "tour" about land banking. We initially said No but the agent was very persuasive and after 2 hours she threw in a "free land" in the "galileo hill estates" which made us say yes. Who can say no to free land? Since we were in the presentation room for more than 4hours we were "rushed" into sugning the contract. Tha agent skipped so many vital details about the contract such as the part where it says and i quote "This is the sale of undivided interests in a parvel of property which is restricted to commercial and industrial purposes only as well as an irrevocable option to purchase the Silver Saddle Ranch and Club
Submitted: 1 year ago.
Category: Consumer Protection Law
Customer: replied 1 year ago.
we signed contract last sunday only,it all happened in one day, signing and notary, and broker said there will be no cancelation of contract, they already got credit card info and dowpayment is already posted, how do i dispute this to the credit card company. how do we cancel contract? at first we got the almost 20,000 contract price with free residential lot, but we told them we do not want to anymore the residential lot so we ask for downgrade to 10,000 without the free residential lot, and broker said at first he cannot anymore change because there was a close of escrow, but after few hours he said he will stop the escrow and will send the new contract
Expert:  Asad Rahman replied 1 year ago.

You can terminate the contract if you can prove you were induced into signing by false representations and duress. The free land sign is very good evidence. You may have to file a lawsuit in order to get released which itself can be expensive.

Expert:  Asad Rahman replied 1 year ago.

Any specific questions?

Customer: replied 1 year ago.
we ask for cancelation, and they asked us to sign this ? can you explain this **** **** **** *** **** *. *** ********* **. ***-* *******, ** **** *****-***
By mutual agreement, you are hereby authorized and instructed to cancel this escrow in its entirety and void all documents prepared therein. The parties hereto do hereby release the Escrow Holder, from any and all liability, responsibility or obligation in connection with this escrow, and the escrow is hereby declared to be null, void and of no further force nor effect.
Balance of Deposit to: *****. B*** and **** ** A*** ** B. B***
PARTIES NOTE: *** *** has the absolute right, at its election, upon receipt of any conflicting instructions, to take no further action until otherwise directed, and will also have the absolute right, at its election, to file an action in interpleader requiring the parties to answer and litigate their several claims and rights among themselves, and Escrow Holder will then deposit with the clerk of the court, all documents and funds held in this escrow. If such action is filed, the parties will jointly and severally pay Escrow Holder’s termination charges and costs, if any, and all attorney’s fees expended or incurred in the interpleader action. The amount thereof to be fixed and judgment therefore to be rendered by the court. Upon the filing of such action, Escrow Holder will be and become fully released and discharged from all obligations to further perform any obligations imposed by these instructions.
___________________________ **** ** O. B***
___________________________ *** * *** B. B***
__________________________ **** **** ****
Each of the above signed states he has read the foregoing instructions and understands and agrees to them.
Customer: replied 1 year ago.
is this confidential since i put our names?
Customer: replied 1 year ago.
i don't need answer or assistance, pls delete my questions,thanks
Expert:  Asad Rahman replied 1 year ago.

You have to talk to customer service about deleting your question.

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