Posted on : 04-18-2012 | By : askinglaw | In : Legal Questions
I want to buy a existing business, but the seller fooled me, she wanted me to pay cash to buy the business and no escrow.
I gave her check as deposit(partial payment), then I found out she is not reliable, suddenly I wake up, I immediately went to bank to close my account, fortunately she hasn’t taken my money.
We don’t have any sale agreement, she did is totally wrong, she shouldn’t deposit my check, the transaction was not complete.
Does she has right to collect money from me? What else should I do to protect myself?
Anyway, I also found out she did illegal work, can I report it? to who?
Thank you for answer.