General release of escrow funds if there was fraud among the other seller as well as the attorney. With the holding and claims

Asked over 1 year ago - New York, NY

My siblings attorney committed some fraud regarding the holding and disbursement of the funds as well as my sibling. The attorney will release the funds if I release my sibling from any and all claims and rights which I may have regarding the sale of the property. His attorney is also asking to be released from any and all claims solely out of the holding and disbursement of the escrow funds. I have facts there was a fraudulent real estate transaction. From start to finish. Should I change the language in the release.

Attorney answers (3)

  1. Yan Margolin

    Contributor Level 8

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    Answered . I would sign no release. If the transaction upon which the escrow funds are predicated is terminated, you are entitled to return. You do not have to concede future claims in return for your own money.

  2. Gaetano Parrinello

    Contributor Level 12

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    Answered . If you believe you have a fraud claim, before you sign anything see a local attorney and bring your proof to discuss the options going forward.

    The author of this posting is a lawyer licensed to practice law in the State of New York. He specializes in... more
  3. Richard J. Chertock

    Pro

    Contributor Level 17

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    Answered . If you have evidence of fraud do not sign anything before consulting with an attorney.

    This e-mail may contain confidential or privileged information. If you are not the intended recipient, please... more

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